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I was quoted a monthly cost for DI insurance based on a salary of, lets say 100k. I then asked for a quote based on much lower salary, say 60k... no other changes requested, but the quote for 60k salary was 30% more expensive for the same monthly benefit amount. Does this make any sense?
It doesn't make sense to me, unless there's some other adjustment to the proposal.
Your profile says you're in New York, so maybe there's something unique to New York that's going on, but I don't know.
I was quoted a monthly cost for DI insurance based on a salary of, lets say 100k. I then asked for a quote based on much lower salary, say 60k... no other changes requested, but the quote for 60k salary was 30% more expensive for the same monthly benefit amount. Does this make any sense?