Insurance With No Income?

You can't get long-term disability insurance on someone who doesn't work outside the home.

QUESTION: Listener asks if you can get a long-term disability insurance policy on someone who doesn’t work outside the home.

ANSWER: You can’t get long-term disability insurance on someone who doesn’t have an earned income. The reason being, it’s based on their income, and someone who doesn’t work outside the home doesn’t have one.