Understanding Disability Insurance
Frequently asked question
Who is eligible for disability insurance?
Typically, individuals who are employed and have a steady income are eligible for disability insurance.
How does disability insurance work?
Disability insurance works by providing you with a portion of your income if you are unable to work due to injury or illness. The specific amount and length of time you receive payments depends on your policy.
What does disability insurance cover?
Disability insurance covers your income and helps you maintain your standard of living in the event of an injury or illness that prevents you from working.
How long does disability insurance pay out for?
The length of time disability insurance pays out depends on the specific policy and the reason for the disability. Some policies provide benefits for a set period of time, while others pay until you are able to return to work.
How do I make a claim for disability insurance?
To make a claim for disability insurance, you will need to inform your insurance provider and provide documentation of your injury or illness. Your provider will then review your claim and determine if you are eligible for benefits.