What is Disability Insurance?
Disability Insurance is an insurance policy that provides for periodic payments of benefits when a disabled insured is unable to work. The insurance policy will usually replace up to 65% of your gross income should an illness or injury keep you from earning an income.
Every disability policy is different and should be assessed by the consumer based on the individual’s needs.
This is only a summary and you should consult with a licensed insurance professional before deciding on the amount and type of Disability Insurance policy to purchase.