Originally Posted by OpenClimb

While I agree that the taxable/non-taxable question is important, my biggest concern is that the policy needs to be “own occupation.”

As it is now, if you’ve got any other degree or training, the insurance company will do its best to terminate your disability payments after 2 years. Even if you’ve got an accounting degree that *theoretically* can pay 6 figures, try finding an accounting job after not working in the industry for the most recent couple of decades that pays more than $50k/yr—just as one example.

Lack of Own Occupation disability coverage is a dealbreaker for me.