Typical Annual Commercial Disability Insurance Costs for
Self-Employed Person
35 year old man with wife and 2 children earning $75,000
(Wall Street Journal 3/19/92)
Premium
To age 65, $1,411
90 day waiting period,
60% of $75,000 income
(not offered for age 65+; people
now working until 72)
---------------
Possible feature of Princeton Plan
All ages, 734
based on German experience of 6.8% of $10,800
Self-Employed Person
35 year old man with wife and 2 children earning $75,000
(Wall Street Journal 3/19/92)
Premium
To age 65, $1,411
90 day waiting period,
60% of $75,000 income
(not offered for age 65+; people
now working until 72)
---------------
Possible feature of Princeton Plan
All ages, 734
based on German experience of 6.8% of $10,800
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