What is Disability Insurance?
Insurance against Short-term and Permanent Disability
Written by Jason Gordon
Updated at September 27th, 2021
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What is Disability Insurance?
Disability insurance provides financial benefits to someone who becomes disabled and is unable to continue working in a given profession or function. Disability insurance coverage is generally divided into short-term and long-term disability.
Note: Long-term disability insurance is generally in addition to any benefits provided by social security for permanent disability status.
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