Income Protection
Disability Insurance Calculator
Estimate how much monthly disability coverage you need and where your gap is.
Monthly Gross Income
$
Income before tax, per month
Income Replacement Target
%
Most insurers cap benefits at 60–70% of income
Existing Coverage (employer/group)
$
Monthly benefit already covered by a group plan
Elimination Period
Waiting period before benefits begin
Benefit Duration
How long benefits would be paid out
Occupation Class
Higher physical risk raises the estimated rate
🏠 Essential Monthly Obligations
Add expense
Covered
0%
Monthly Benefit Needed
$0
to hit your replacement target
Existing Coverage
$0
Coverage Gap
$0
Essential Expenses
$0
Est. Additional Premium
$0/mo
📊 Coverage Breakdown
| Metric | Value | Impact |
|---|
How the estimate works
Benefit Needed = Monthly Income × Replacement % | Coverage Gap = Benefit Needed − Existing Coverage
- Benefit Needed = Monthly Gross Income × Income Replacement Target
- Coverage Gap = Benefit Needed − Existing Coverage (floored at $0)
- Expense Coverage compares Benefit Needed against your listed essential obligations
- Est. Premium = (Gap ÷ 100) × occupation rate × elimination-period factor × duration factor
- Shorter waiting periods and longer benefit periods cost more; lower-risk occupations cost less
⚠️ This tool gives a rough, educational estimate only — it is not an insurance quote or financial advice. Actual premiums depend on age, health, insurer underwriting, and policy terms. Talk to a licensed insurance agent or financial advisor before buying a policy.