Originally Posted by
sailingfun
Take a good look at what is already provided in the contract. You may find that you don’t need additional insurance. The provision to continue paying the full DC amount to age 65 made it a easy choice for me.
In the case of being out on disability, Is your plan to not touch the DC money until after 65?
I’m aware the company still contributes but I see the LOL insurance as way to maintain the current lifestyle now...young kids have lots of dance / karate / soccer, lacrosse, etc and I want to minimize the thrash to their life in the event I'm out on disability where the 50% LTD pay is basically paying mortgage, utilities, food, gas, etc.