Disability
Disability insurance replaces a portion of your income if an illness or injury prevents you from working. It helps you maintain your lifestyle, pay your bills, and protect your family during a period when your income suddenly stops. Whether you’re employed, self-employed, or running a business, disability coverage ensures you’re supported financially while you recover and get back on your feet.
Who it’s for
Employees who rely on their income
Self-employed individuals
Contractors and freelancers
Business owners
Parents and homeowners
Anyone without enough savings to cover long periods without income
Types of Disability Insurance
Short-Term Disability (STD)
Covers temporary disabilities
Usually replaces income for a few weeks up to 6 months
Often used for short recovery periods or temporary illnesses
Some employers include STD in their group plans
Long-Term Disability (LTD)
Covers serious or long-lasting disabilities
Can last for years, or until age 65 depending on the plan
Replaces a portion of your income (commonly 60–85%)
Essential for self-employed individuals or anyone relying heavily on their earnings
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Coverage varies by insurer, but disability insurance typically protects you if you cannot work due to:
Accidents or injuries
Chronic pain
Back or joint disorders
Cancer and cancer treatments
Heart conditions
Stroke recovery
Autoimmune diseases
Neurological disorders
Complications after surgery
Long-term illnesses that prevent you from performing your job
Mental health conditions such as anxiety, depression, PTSD, and other psychiatric disorders
(Exact definitions depend on the insurer and whether the policy is “own occupation” or “any occupation.”)
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Most plans replace 60%–85% of your income, depending on whether the policy is individual or part of a group plan. We’ll calculate the amount that fits your income and financial responsibilities.
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Item descriptionOwn Occupation: You’re covered if you can’t perform your specific job, even if you could work in a different role.
Any Occupation: You must be unable to perform any reasonable job to qualify.
Own occupation offers stronger protection — especially for specialized roles.