Social Security Health coverage consists of several parts of the Medicare Health Insurance program. Part A is for the hospital insurance and is financed through social security taxes. It's available at no cost to those eligible for social security. Part B is voluntary supplemental medical insurance. It is deducted in monthly premiums from your social security check, and all social security recipients are automatically enrolled until such time as they officially withdraw from the program. For additional information on Medicare coverage, contact your local social security office. A good rule is to contact your local office at least two or three months before you turn age 65 to apply for Part A.

There are several things to look for in a good disability insurance policy. The monthly benefit should equal approximately 60 to 70 percent of your gross pay. Choose a waiting period as long as you can afford to wait for the benefits to begin. This will substantially cut your premiums, and a good plan will pay when you are unable to work at your regular occupation, as opposed to any occupation. Make sure that you are covered for both accident and sickness. Choose non-cancelable renewal. There are other questions on types of disability insurance that you will find helpful to discuss with your insurance agent.