Disability Insurance, also known as Income Protection Insurance, is a type of health insurance that provides financial protection to individuals who are unable to work due to a disability. It is designed to replace a portion of an individual's income if they are unable to work due to an illness or injury. Disability Insurance can be purchased as an individual policy or as part of a group plan. It is typically offered as a long-term disability policy, which provides coverage for a period of time, or as a short-term disability policy, which provides coverage for a shorter period of time.
Disability Insurance can provide financial protection for individuals who are unable to work due to a disability, allowing them to maintain their standard of living and cover their medical expenses. It can also provide peace of mind for individuals who are worried about the financial impact of a disability.
Some companies in the Disability Insurance market include Aflac, Allstate, Cigna, MetLife, Prudential, and Unum. Show Less Read more
