Make your changes now
The most important thing you will do is to implement those changes that you have decided to make regarding your insurance coverage. While the earlier steps are certainly necessary, if you don't actually make the changes then you gain nothing.
Go over your notes to make sure that you understand the changes you wish to make, and especially why you wish to make them. If the coverage is provided by your employer, contact your human relations or benefits department to implement your changes. If you have an existing policy with an agent, contact that agent.
If you don't yet have this type of insurance coverage, then you need to begin with gathering price information from different sources. We suggest that you first make a list of the relevant features or provisions that you want. Second, identify the local companies or Internet sites from which you wish to obtain quotes. A good place to start is the company with which you have your life insurance or automobile insurance. Before you actually contact companies you don't know, you might consider talking to family and friends to see what type of coverage they have and what they are paying. Once you are ready, begin contacting the local companies, or you can obtain quotes through the Internet. One of the better known disability insurers is Berkshire Life (Guardian).
Once you have the cost figures, then you need to examine your budget and determine whether or not you can actually afford it. If not, you may have to make some changes regarding the type or amount of coverage that you are seeking, or you need to make some changes in your budget.
Step 6 - Get Help If You Need It