What is disability insurance?
Disability insurance, also referred to as Disability Income Insurance or Income Protection Insurance, is a policy designed to provide financial security for you and your family in the event of injury or disability. It offers income replacement until you can return to work, replacing a portion of your usual income with regular payments. Whether caused by accident or illness, the insurance payments support you and your loved ones until you can resume work or until the coverage term expires. Payment frequency can typically be tailored to suit your needs, with options for weekly or monthly disbursements.