Your ability to earn is your biggest asset. Long-term disability insurance replaces part of your income if illness or injury stops you from working — and the definition of 'disability' in the policy matters as much as the carrier.
Disability insurance replaces a portion of your income (commonly 60%) if you can't work due to illness or injury. Individual long-term policies are the gold standard because they're portable and can offer strong 'own-occupation' definitions. The best carriers combine financial strength with policy features — like true own-occupation coverage and non-cancelable terms.
Rankings are editorial and based on publicly-established facts (financial-strength and satisfaction ratings, eligibility, program availability, and market reputation) — not on invented prices. The cheapest option for you depends on your own profile; always get quotes from several of these carriers.
Well-regarded for strong individual disability policies with robust own-occupation definitions and riders, backed by top financial strength.
Highly rated mutual insurer with competitive individual disability coverage often favored by physicians and other professionals.
Among the strongest balance sheets in the industry, with solid individual disability products and long-term stability.
A leader in group disability through employers, a good starting point if you're building on workplace coverage.
Offers accessible individual disability coverage with a reputation for straightforward underwriting.
AM Best = financial strength; J.D. Power = approximate satisfaction score (1,000-pt scale); NAIC = complaint index (1.00 = market average). Ratings from public sources — not prices.
Prioritized financial strength — disability claims can last decades
Favored strong 'own-occupation' definitions and non-cancelable/guaranteed-renewable terms
Distinguished individual (portable) policies from group (employer) coverage
No price claims — disability premiums depend on occupation, income, health, and riders
The policy's definition of disability is critical. A true own-occupation policy pays if you can't perform your specific job, even if you could do another; an any-occupation policy only pays if you can't do any job you're suited for. Own-occupation costs more but protects specialized, high-earning careers far better.
Employer group coverage is a good start but is often limited (usually ~60% of base salary, taxable if the employer pays, and not portable). An individual policy fills gaps, is portable between jobs, and — if you pay with after-tax dollars — pays benefits tax-free.
Most people aim to replace about 60% of gross income, which roughly matches take-home pay since individual benefits you pay for are typically tax-free. Factor in existing employer coverage, savings, and fixed expenses. Our disability income-gap calculator estimates the shortfall between employer long-term disability and your household expenses so you can size an individual policy.
Often not. Group coverage usually replaces around 60% of base salary (excluding bonuses/commissions), is taxable if your employer pays the premium, and disappears if you change jobs. An individual policy adds portable, often tax-free coverage and can offer a stronger own-occupation definition. Many professionals layer an individual policy on top of group coverage.
Rachel Kim
Editorial Lead, Life & Retirement
This article was researched and written by the Cover Forge USA editorial team against federal sources (NAIC, CMS, FEMA, DOL, SSA, state DOIs) and standard policy forms. Bylines organize content by topic — they do not assert individual licensure. See our editorial-policy for details.
Reviewed June 2026
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This site provides general educational information only and is not a substitute for professional insurance advice. All rates, data, and coverage details are estimates and may not reflect your actual premiums. Insurance availability and pricing vary by state, insurer, and individual risk factors. Always consult a licensed insurance professional in your state before making coverage decisions.