nun
Thinks s/he gets paid by the post
- Joined
- Feb 17, 2006
- Messages
- 4,872
Basically disability. I have it through work but I didn't check out the coverages and how it worked. Overall if I would be in trouble if I had a problem and had to rely on it, so I got some additional coverage (again riversource) to bring my disability income up to something approaching my current salary.
Right then, I think I'll have to take a more hands on approach here and the answer is no to the MIULI.
Sounds like you are over insured. Most policies will replace 60% of income (that is not taxable if you paid with after tax dollars) and very few people get more. There are worrying signs with your FA.
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