The Best Disability Insurance Companies for 2022

Joseph Meyer
Written by
Last update:

Table of Contents

For Aids and Disorders.

Aids and Disorders disability policies are very specialized insurance products and as a result, it can be hard to find general disability insurance companies that specifically deal with Aids and Disorders.

But what if I told you that some of the best disability insurance providers all over the US also manage Aids and Disorders policies and you don’t even know it?

There are several of the best disability insurance companies in the US that are also good Aids and Disorders insurance providers including, but not limited to, the following 7 providers.

Why You May Need Disability Insurance

Freelance work is becoming increasingly popular due to the flexibility of the lifestyle it offers. However, it’s important to understand that like any job, there are risks associated with this type of work.

The biggest risk you face when you’re working as a freelancer is your health. When you’re employed by one company, you are required to take advantage of the employee benefits offered to you by your employer. These benefits typically include health insurance benefits. When you’re working as a freelancer, no employer will be covering your medical or insurance bills for you. If you don’t have disability insurance, you’re on your own.

Luckily, disability insurance can be a great way to guard yourself against this risk. It will provide you with some income if you become unable to work due to an injury or illness. It can also alleviate some of the pressure of covering your own medical expenses.

Choosing a disability insurance policy might be a bit overwhelming if it’s your first time using it. Different policies have different features and can provide different levels of coverage. Some insurance companies may be better than others.

Most Important Factors When Purchasing Disability Insurance

The way to make sure you are well insured in case of a loss is to know the important factors and have the ability to identify them. Your disability insurance is as unique as your situation, and this is the reason why there is no perfect policy. Nonetheless, there are some things you can take into account. Here’re some of the most important factors to consider when buying disability insurance for you and your family:

The past is not an indication of the future.

It is unreasonable to expect that once the disability insurance is in place, you will never be faced with any further complications. Nevertheless, it is still true that those who choose to go for universal coverage with a better prospect of regular income coming in are more likely to be successful in the long run than those who choose non-renewable policy. It is also true that those who choose long-term disability and fixed benefits can still be successful by making up for extra expenses on their own and continuing to work if at all possible. Always choose a disability insurance policy that suits you best. Don’t look for something that is recommended by your friends or family. It is essential to take the factors that influence your future into account.

Disability insurance can be expensive.

The Best Disability Insurance Companies of 2022

(Updated For 2019)

Unemployment rates and the economy are ever-shifting factors that determine the necessity for disability insurance.

Not every profession is a Disability Insurance one but only certain occupations require it. But even those in non-Disability necessary occupations conceivable may want to consider disability insurance.

The survey considers four factors that dictate the value of a disability plan for an individual. They are:

  • The average disability duration for your occupation
  • The payout percentage for a claim
  • The price of your premium on a straight premium basis or with inflation
  • If your employer provides a health insurance loan during disability

Back in the 80’s and 90’s, there was an epidemic of disability claims and their duration has been on a downward spiral since then. But the data varies by occupation. For example, the duration of a disability claim in a sales and related occupation was 2.7 years, 140% of the national average. The duration of a claim in an artistic, literary, musical, or theatrical occupation was 3.9 years, 32% higher than the national average.

Here’s the Ranking of the Best Disability Insurance Companies.



Assurity Life is a big name in disability insurance. They have won numerous awards for customer service, including the coveted J.D. Power award for the last eight years, in a row. They offer the most generous and longest guarantee of any company, with up to a lifetime guarantee. They also boast a 92% approval rate, making them one of the most financially stable companies in the business.

All that is good and well, but when the time comes to make a claim, you’ll want to know that the benefits are going to be there for you, for better or for worse. With Assurity Life Insurance, you can rest assured knowing that they are the only major company that offers a lifetime guarantee on their disability income insurance, with no limits on duration.

Anybody who is searching for disability insurance should start with Assurity Life Insurance. The fact that they are the undisputed number one company in the industry for so many years should speak for itself.

Guardian Life

Illinois Mutual

Illinois Mutual’s disability coverage is about average, but the company does a good job with its supplemental benefits, which include vision and dental, while offering fewer options than other companies. It’s best for employees looking for minimal coverage at low to average prices.

Illinois Mutual offers a relatively basic supplement that includes dental and vision. It’s available if you’re already receiving benefits after a 12-month waiting period, which is the shortest out of any company reviewed (Wells Fargo and MetLife are 14 months). The vision benefit is just under the average, and the dental is tied for second-best.

Illinois Mutual offers a basic option, with no waiting period for vision or dental. It is tied as the second-lowest priced supplement, and it offers about the same coverage as a slimmed-down version of Nationwide’s secondary supplement.

Illinois Mutual’s disability coverage is about average, but the company does a good job with its supplemental benefits, which include vision and dental, while offering fewer options than other companies. The basic supplemental benefit, which has no waiting period, includes vision and dental.

PIU (Petersen International Underwriters)

PIU has a lot going for them, including the claim that they will pay out on more claims than any other rival provider. However, what really sets them apart is that they will pay out on any claim – even if you are in part to blame. If they have to argue over the percentage of blame, they will pay out on the entire claim.


MassMutual was founded in 1852, making it the oldest mutual company in the US. With financial origins in the life insurance industry, MassMutual has become a dominant force in the disability insurance industry as well, with nearly a million disability policies in force nationwide. Their support for employment of the disabled, with a program to assist both potential workers and employers, has been a hallmark of the company for years. And their consistent record of good customer service has earned them a place on this council.

MassMutual operates on a regional basis, with a national headquarters and a network of local offices ready to serve clients. They provide another level of support, with specialists to help clients apply and enroll in the company’s disability insurance programs, as well as help them assess their needs and make the best decision regarding a program that fits their individual finances and goals.

Mutual of Omaha

Planning for disability is a thought most Americans rarely give any thought to. Whether you are at the beginning or end of your career, or somewhere in between, covering disability is an important consideration that should not be overlooked.

Here is a FREE Insurance Quote form for Mutual of Omaha disability insurance.

There are many options when it comes to disability insurance, but Mutual of Omaha disability insurance is one of the best disability insurance companies in the country. Mutual of Omaha is also an all-American company, having been founded in 1919 by entrepreneur S.J. Fisher.

Mutual of Omaha specializes in long term care, critical illness, term life and disability, ensuring that they have multiple coverage options for all stages of life. Offering some of the most competitive premiums in the industry, Mutual of Omaha is also one of the most affordable companies to work with. Their customer service department is also highly rated, having received multiple awards and accolades for their fast, overall customer satisfaction. Reviews for Mutual of Omaha Disability Insurance are pretty positive too, with the average review rating of around 4 stars on Google and around 4.5 stars on Yelp.

Ohio National

What Were the Top Disability Insurance Companies Last Year?

If you’re over 65, you’re probably eligible for Social Security benefits. However, you’ll get only a fraction of the money you paid into the plan over the years. You’ll get even less of your money if you’re under 65 and unable to work due to health issues.

How can you replace your lost income? A disability insurance policy.

As you know, it’s not a pleasant topic, but it’s important you understand the importance of protecting yourself and your family against loss of income.

Most people don’t realize that disability insurance is not an irrevocable payout upon declaration of disability … it’s a true insurance policy by which you continue to receive payments if your condition improves.

There Are Hundreds of Disability Insurance Companies

Most people don’t realize there are hundreds of different disability insurance companies. Here’s why you want to choose the best disability insurance company in the Ohio National market.

Principal Financial Group

The Best Disability Insurance Company for 2016 is Principal Financial Group. The reason Principal Financial Group is ranked the best disability insurance company is because they have a strong financial rating, which helps to make sure that you receive the disability benefits that you deserve.

The financial rating is provided by A.M. Best Company. A Strong financial rating is very important when insuring against disability, because you want a company that will not only pay out the disability benefits when you need them, but also remain solvent during the time it takes for a determination on your claim, and to pay the benefits.

Principal Financial Group Premiums go up as you get older. The reason for this is that they want to be as comfortable as possible, that they will get the money paid out for the benefits they will offer. What this means is that if you’re eligible, you should take the lower premiums.

The Standard

It seems one of the first things that people take for granted is their ability to walk. Whether to help provide a living for the family, or a means to serve others in some way, we walk with a confidence that we will always be able to do so. From the time we can first walk, we take our balance and coordination for granted until something happens that’s outside of our control.

Anytime you can no longer walk or stand normally because of an injury or illness, regardless of the severity, life can feel like it’s set on pause because you can’t do the things you once took for granted. With the right coverage, however, you can continue to live the life you’ve grown used to, to at least some degree.

With over 1.3 million people suffering a significant lower body disability each year, it’s easy to see the need for disability insurance. With the right policy, a serious lower body disability, such as quadriplegia from an accident, can provide a level of financial protection that translates to major lifestyle benefits.


Ameritas is a well-known company that has been in the disability insurance business for many years. E