Originally Posted by RockyBoy

If LTD pays 75K then you can make up to 75K without a reduction. Basically your LTD and new job cannot exceed your old income.

Loss of license insurance is tough. If you lose your medical because of something like diabetes then your LTD plus working a normal job will most likely be a great deal and lol insurance is not needed. If you can’t work another job because of a medical issue or injury, then lol insurance would be wise. Most people who go out on LTD don’t lose their license due to a major issue. Very uncommon to not be able to work if you lose your medical.

I’ve always thought a lump sum lol was best so I could pay for some schooling or start some type of business to replace some income. At a certain point though it becomes too expensive and if you are wise you will have your own lump sum saved up and can save the crazy high premiums.