What’s Right for Me?

When you purchase disability insurance, you are protecting your most valuable asset, your income. Your ability to earn an income supports the lifestyle you enjoy and helps you pursue future goals and dreams.

So, it’s important to carefully consider what your situation would be if you suddenly lost your income due to a disabling accident or sickness.

Would you be able to maintain your current standard of living? For how long?

A simple way to consider this is to add up your monthly expenses and compare the amount to the total income you could expect from other sources.

For a quick check, use our Needs Assessment Calculator.

Or if you prefer, complete this printable financial worksheet.

These tools will show you how much additional monthly income you would need to maintain your standard of living. That’s a good place to start when considering what type of disability insurance policy is right for you.

How much disability insurance is enough?

Simply stated, you should have enough disability insurance to pay your monthly living expenses, so you and your family can focus on what’s most important during such a critical time…your recovery.

Mutual of Omaha Insurance Company's (Mutual of Omaha) Disability Income Choice Portfolio® has short-term and long-term disability insurance policies with options to help tailor protection to your needs.

When choosing a policy, you decide

  • the type of protection you need (accident only or accident and sickness)
  • how soon you would need coverage to begin (elimination period)
  • how long you would want benefits to be paid (benefit period)
  • what benefit options you want for added protection, or you can choose not to add options

Mutual of Omaha’s Disability Income Choice Portfolio®


Accident Only Disability

Short-Term Disability

Long-Term Disability

Business Overhead Expense

Monthly Benefit
$5,000 $5,000 $12,000 $20,000
Elimination Period* 0, 7, 14, 30, 60 or 90 days 0/7 (accident/sickness), 7, 0/14, 14, 30, 60 or 90 days 60, 90, 180 or 365 days 30, 60, 90, 180 or 365 days
Benefit Period* 3, 6, 12 and 24 months 3, 6, 12 and 24 months 2, 5, 10 years and
to age 67
12 or 18 months
Optional Riders
  • Accident Hospital Confinement
  • Accident Medical Expense
  • Hospital Confinement
  • Critical Illness
  • Return of Premium
  • Accident Medical Expense
  • Hospital Confinement
  • Critical Illness
  • Return of Premium
  • Social Insurance Supplement
  • Extended Own Occupation
  • Future Insurability Option
  • Extended Proportionate Disability
  • Cost-of-Living Adjustment
  • Accident Medical Expense
  Learn More Learn More Learn More Learn More

It’s important to select the right coverage at a cost you can afford. You’ll need to keep your disability insurance throughout your career.

That’s why it’s so important work with a licensed insurance agent to help you make the right choices. Our disability insurance experts are ready to help. They can explain how our disability policies work and answer all your questions. Schedule an appointment today. There’s no obligation.

See what is not covered by these Disability Income Insurance policies.

If you have questions and would like to schedule an appointment, call toll free (800) 931-9163 or Contact Us