Marcus has group long term disability coverage through his employer, but he never thought much about the amount of income it replaces. Recently, after he accepted a promotion to a position that includes incentive pay, he found out that his group disability insurance only covers 60% of his base pay and none of his incentive bonus. And since his employer-paid group benefits are taxable, his coverage is even less.

If you become disabled, how much income protection will be enough? Your employer may provide group disability benefits to give you a basic source of income, but you could need a higher level of coverage.