Disability Insurance

Share post:

Disability insurance can replace a portion of your income when you are unable to work because of injury or illness.

Disability is a sickness or injury which interferes in your ability to work. Every disabilty insurance policy from every insurance company is very different, this is not a product to simply shop for the most competitive rate. To buy the cheapest disability insurances policy on the market is to throw money away.

There are two major types of disability coverage:
Short-Term Disability
Short term disability provides an income for the early part of a disability. Short-term disability is often included as part of an employee benefits package.

Long-Term Disability
Long term disability helps replace income for an extended period of time. Some have long-term disability insurance provided by their employers.

Austin K
Austin Khttps://www.megri.com/
I'm Austin K., a passionate writer exploring the world of News, Technology, and Travel. My curiosity drives me to delve into the latest headlines, the cutting-edge advancements in tech, and the most breathtaking travel destinations. And yes, you'll often find me with a Starbucks in hand, fueling my adventures through the written word

Related articles

Financial Strategies for Transitioning to Independent Living

Moving into independent living is a big life step. Many seniors wonder how to manage their finances wisely....

The Legal Process of Partitioning Property in Urban Areas

What happens when multiple people own a single property, but they no longer want to share it? This...

Why Forecasting Financial Growth Leads to Smarter Business Decisions

Key Takeaways Forecasting financial growth empowers business leaders to make more strategic choices. Strong financial projections reduce risks...

What Steps Do Professional Painters Follow for a Perfect Finish?

A perfect finish with paint is not an effortless feat and takes skill. Professional painters employ an entire process...