Disability Insurance: Your Income's Best Friend
In today's uncertain world, insurance plays an increasingly crucial role in safeguarding our lives, health, and assets. Yet, one often overlooked component of comprehensive financial planning is disability insurance . While it may not be as commonly discussed as its life or health insurance counterparts, the significance of disability insurance is profound. This article delves into the world of disability insurance, unveiling its integral role in ensuring financial stability even in the face of adversity. We'll explore what disability insurance encompasses, its function within the broader realm of financial planning , insights from industry leaders, and the life-changing impact it can have. Deciphering Disability Insurance A. To begin our journey, let's first define disability insurance. In simple terms, it is a type of coverage that replaces a portion of your income if injury or illness prevents you from working. Depending on the policy, disability insurance can