Disability insurance has a base policy. But they also have options that can be added to the standard policy. Optional “add-ons” to the base policy of disability insurance are called disability insurance riders. Riders allow consumers to individualize—to add optional features, which address their specific income protection needs.
The Social Security Administration recently announced that there is no cost-of-living adjustment in 2016. This means there will be no increase in the Social Security disability and Supplemental Security Income benefits in 2016. Here, we talk about what you can do to protect yourself financially in 2016.