Can I afford disability benefits if I am self employed?

Message Author
Add to del.icio.us
Add to YahooMyWeb
Add to Simpy
Add to BlinkList
PostPosted: Tue Sep 01, 2009 5:59 pm   Post subject: Can I afford disability benefits if I am self employed?  

Can I afford disability benefits if I am self employed?
_________________
Register Now to have your Insurance queries solved.
Guest






PostPosted: Mon Sep 07, 2009 12:43 pm   Post subject:   

From Social Security, I'd think you could.
_________________
**************************************
Life gaurantees a chance NOT a fair shake
**************************************
FIND a way EVERY day to lighten the load of another
**************************************
Lori
Moderator
Leave a quick message

Lori
Joined: 10 Sep 2007
Posts: 6810
Highets Points
Location: Missouri
44.09 Dollars($)

PostPosted: Mon Sep 07, 2009 4:08 pm   Post subject: Can I afford disability benefits if I am self employed?  

Guest, any one can get a disability. What precisely are you asking? Are you asking if you can collect on a disability claim? Are you asking whether you can buy a disability policy?
InsuranceExpert
Senior member
Leave a quick message


Joined: 05 Apr 2009
Posts: 584


127.73 Dollars($)

PostPosted: Tue Sep 08, 2009 1:27 am   Post subject: Can I afford disability benefits if I am self employed?  

To me, Self Employed means you ARE working. So...how can you get Disability ( which means to me that you CAN'T work..) if you're working? Doesn't make sense to me.
sdchargersfan
Senior member
Leave a quick message

sdchargersfan
Joined: 21 Aug 2007
Posts: 1505


10.86 Dollars($)

PostPosted: Wed Sep 09, 2009 3:39 am   Post subject:   

Yes, you can get a disability policy if you are self-employed.
dgoldenz
Senior member
Leave a quick message

dgoldenz
Joined: 10 Jan 2009
Posts: 204

Location: Virginia
24.35 Dollars($)

PostPosted: Mon Sep 14, 2009 3:03 pm   Post subject: Can I afford disability benefits if I am self employed?  

I didn't know disability was a policy. I thought that was something that was deducted out of your check with every check you earned.If you collect disability and you are self employed that would mean you cannot work for your self again.I would think it is like the option to take the insurance on your credit card where if you are out for a period and cannot work they will make the payment for you. I was always told that you cannot have this type of insurance of you are self employed.
_________________
http://www.clicksvista.com/pages/index.php?refid=patricia42256
hummingbird
Senior member
Leave a quick message

hummingbird
Joined: 04 Dec 2007
Posts: 605


2.33 Dollars($)

PostPosted: Tue Sep 15, 2009 12:01 am   Post subject:   

There are private disability policys that you can buy as well as SS
_________________
**************************************
Life gaurantees a chance NOT a fair shake
**************************************
FIND a way EVERY day to lighten the load of another
**************************************
Lori
Moderator
Leave a quick message

Lori
Joined: 10 Sep 2007
Posts: 6810
Highets Points
Location: Missouri
44.09 Dollars($)

PostPosted: Fri Sep 18, 2009 7:07 pm   Post subject:   

Of course - so long as you have a job with earnings to protect and are in reasonably good health, then you can purchase disability insurance.
_________________
JT
http://www.ohioinsureplan.com/

http://www.ohioinsureplan.com/index.php/annuities/annuity-quotes/

Health insurance quotes, Medicare supplements, annuity quotes, and life insurance coverage.
JTInsure
Full member
Leave a quick message


Joined: 30 Apr 2009
Posts: 69

Location: Ohio
17.36 Dollars($)

PostPosted: Mon Sep 21, 2009 9:34 am   Post subject: Can I afford disability benefits if I am self employed?  

Hey buddy, you're not in a position to enjoy 'sick leaves' as that of your own employees. If you fall sick you won't be able to handle your business properly. If you can't survive a financial crunch then you might need to wash your hands off your home and business someday. Disability insurance could be a precaution. Roddick
roddick
Senior member
Leave a quick message

roddick
Joined: 05 Oct 2005
Posts: 468


81.39 Dollars($)

PostPosted: Mon Sep 21, 2009 6:40 pm   Post subject:   

Hummingbird you have been ill-advised.....
_________________
Lead source for agents
http://www.insuranceleads.com/?s=agtref&k=227879

Dental Discount plans
http://www.dpbrokers.com/default.aspx?locationid=39785&subaffid
Pirate91
Full member
Leave a quick message


Joined: 17 Jul 2008
Posts: 51


12.47 Dollars($)

PostPosted: Tue Sep 22, 2009 7:34 am   Post subject: Can I afford disability benefits if I am self employed?  

Dear hummingbird, the thing that you won't be able to work once you collect disability depends a lot on the nature of disability as well as the extent to which you're suffering from it. You can always distinguish between permanent disability and temporary or partial disability.
_________________
Register Now to have your Insurance queries solved.
Crossbreed
Guest






Quick Reply
Your Name
Subject
Message body
All times are GMT
Page 1 of 1

 

Ask Community Experts

flash plugin

Quick Links
Must See
Community
Hot topics in forums

Latest in blogs