How Much Will I Get from This Policy?

• If you become disabled, the amount of money you will receive from the long-term disability insurance policy can vary significantly from one case to another. The amount of money you receive is based on a percentage of your previous income before you were disabled. The most that these policies will pay typically is between 50 and 60 percent of what you made before, according to the Insure website. While it may be difficult to make ends meet on this amount of money, it is better than having no income in this situation.
  
  

How Long Will I Receive Payments?

• If you start receiving benefits from a long-term care insurance policy, you can receive benefits for a maximum amount of time as determined by the rules of your insurance policy. The Insure website reports most policies provide you with benefits for between two and five years. You will receive a payment every month during that span. Many plans also stop benefits once you reach age 65. When you are considering the policy, this is one of the key factors to investigate.
  
  

Are the Benefits Taxable?

• When you receive benefits from your long-term disability insurance policy, you want to minimize the amount that will be paid back in taxes. When your employer pays for the premiums for the policy, the benefits you receive will be taxable. Even though you are getting 50 to 60 percent of your pre-disability income, part of it will have to go to the Internal Revenue Service, because this money will be counted as regular income.
  
  

What Determines Whether I Am Considered Disabled?

• When you suffer an injury or some other kind of disability, the insurance company refers to the terms of the policy when determining whether you are disabled. In some cases, the disability insurance payment will depend on whether you are able to perform any job. Other policies pay out if you are unable to perform the job you held before the disability occurred. In some cases, you can receive disability payments if you are only able to work in a lesser capacity than you were before your disability.