Disability insurance replaces lost income.
It helps when you cannot work.
Injuries and illness are common causes.
Short-term disability covers temporary issues.
Long-term disability covers extended periods.
Employers often offer disability plans.
Private plans are also available.
Payments cover living expenses.
Policies define disability clearly.
Waiting periods apply before payments.
Coverage percentages vary.
Premiums depend on income.
Younger workers often ignore disability insurance.
Accidents can happen anytime.
Insurance protects financial stability.
Self-employed people need coverage.
Medical proof is required.
Benefits may be taxable.
Policies differ by provider.
Disability insurance is financial protection.