Most people do not imagine that there will be a time in their careers when they won't be able to work. However, sometimes unexpected events occur that cause a loss of work and leave a person without the ability to provide for their family.
What is Disability Insurance?
Disability Insurance is one of the greatest assets you can have. This insurance would offer protection for a portion of your income if you were to become sick or hurt off the job. Disability Insurance can assist you in providing for your family as well as your monthly financial obligations. Disability Insurance can be purchased on an individual level based on your age, occupational status, health, and income. Groups can also provide Disability Insurance for their employees as part of their benefits package, which is extremely affordable as a group.
Why Should You Purchase a Disability Benefit?
If you are unable to work and earn money due to a disability, this insurance provides benefits to eligible workers who have a full or partial loss of wages due to a non-work-related illness, injury, or pregnancy. Everyone needs a safety net to ensure they'll be able to provide for their family when life throws you the unexpected.
What is Disability?
Disability is an illness or injury, either physical or mental, which prevents you from performing your regular and customary work. Disability also includes elective surgery, pregnancy, childbirth, or other related medical conditions.