Hi,
I need to find a company to write/buy myself DI. I understand the elimination period (90, 180 days...) but having only been actively selling in the Insurance industry for about two years how do you determine your monthly benefit? My tax records don't show a lot of actual net income yet due to marketing expenses and other write-offs. What do the companies look at to see what you are able to qualify for? I would like about $3,000 - $4,000/m of benefit which should be about 60% of what I am grossing at the moment. I am also 55 so a lot of companies won't give me 10 years or to 65.
Thoughts and what is everyone else out there doing for DI?
Thanks
I need to find a company to write/buy myself DI. I understand the elimination period (90, 180 days...) but having only been actively selling in the Insurance industry for about two years how do you determine your monthly benefit? My tax records don't show a lot of actual net income yet due to marketing expenses and other write-offs. What do the companies look at to see what you are able to qualify for? I would like about $3,000 - $4,000/m of benefit which should be about 60% of what I am grossing at the moment. I am also 55 so a lot of companies won't give me 10 years or to 65.
Thoughts and what is everyone else out there doing for DI?
Thanks