The goal of disability insurance is to have 60% of your gross income protected. This is called Income Protection.
| GROSS ANNUAL INCOME | 200,000 |
| CURRENT MONTHLY BENEFIT | 6,000 |
| REQUIRED BENEFIT | 10,000 = 200,000 x .6/12 |
| MONTHLY SHORTFALL | 4,000 |
| ANNUAL SHORTFALL | 48,000 |
| YEARS BEFORE RETIRING | 10 |
| TOTAL COVERAGE GAP | 480,000 |