Is Long Term Disability Insurance Necessary? 
Is long term disability necessary ? Again these kind of questions fall to individual and what they need . Again Disability insurance is income insurance . If your income is not effected by being unable to work -LRB- passive income -RRB- then a Long Term Disability policy may not be necessary . How long could your disability be ? Who knows ? it has n't happened yet . Figuring how long you want coverage to run or what options you want is a risk that you decide . Carrying no risk is really expensive , no doubt about that . Carrying some risk , will cost a few dollars as well . Assuming all risk may work for a person too , but . . if it does n't well this where you read about people losing everything . Insurance is sharing risk with another entity . How much and how long is up to you . 