ss_blog_claim=4c95399e63de648d0abd96bb831d3e11 Insurance: Disability insurance

Before You Start

  • Think about how you would pay for routine expenses if you or another income-earning adult in your home were to suffer a disability and stop working?
  • Ask your employer whether disability income insurance is offered as an optional workplace benefit.
  • If you're an employer, consider offering it as a benefit to attract and retain desired workers.
  • If you already own disability income insurance, take a fresh look at the policy to learn about the level of coverage it provides, eligibility requirements, etc.

Disability insurance

Posted by art's2007 | 5/14/2008

Disability insurance policies provide financial support in the event the policyholder is unable to work because of disabling illness or injury. It provides monthly support to help pay such obligations as mortgages and credit cards.
Total permanent disability insurance insurance provides benefits when a person is permanently disabled and can no longer work in their profession, often taken as an adjunct to life insurance.
Disability overhead insurance allows business owners to cover the overhead expenses of their business while they are unable to work.
Workers' compensation insurance replaces all or part of a worker's wages lost and accompanying medical expense incurred because of a job-related injury.

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