Disability Insurance

Best for: Protecting yourself and your loved ones from the financial impact of accidents

Disability Insurance — Protecting Your Income When You Can’t Work

Disability insurance provides monthly income if an illness or injury prevents you from working. Since your ability to earn is one of your most valuable assets, this coverage helps you maintain your lifestyle, pay bills, and protect savings while you focus on recovery.

Types of Disability Insurance

Type	Duration	Purpose	Income Replacement	Best For
Short-Term (STD)	Weeks to months	Temporary disabilities	Partial	Short-term illnesses or injuries
Long-Term (LTD)	Years or until retirement	Long-lasting or permanent disabilities	Ongoing	Long-term financial security if unable to work

Type

Duration

Purpose

Income Replacement

Best For

Short-Term (STD)

Weeks to months

Temporary disabilities

Partial

Short-term illness or injuries

Long-Term (STD)

Years or until retirement

Long-lasting or permanent disabilities

Ongoing

Long-term financial security if unable to work

How It Works

Choose Coverage: Select benefit amount, waiting period, and duration.
Pay Premiums: Based on age, income, health, and occupation.
File Claim: Submit if unable to work due to illness or injury.
Receive Benefits: Regular monthly payments support your living expenses.

Who Should Consider It

Working professionals relying on their income
Self-employed individuals
Business owners and primary earners
Anyone wanting to protect income against unexpected illness or injury

Why It Matters

Even short-term disabilities can impact your finances. Disability insurance ensures financial stability, ongoing income, and peace of mind while you recover.