Pukaar Dil Se Dil Tak 7th
Disability insurance provides financial support if you become unable to work due to illness or injury. It offers income replacement and helps cover living expenses when you are unable to earn a paycheck.
There are two main types of disability insurance: short-term and long-term. Short-term disability insurance provides coverage for a limited period, typically up to six months, and is designed to bridge the gap between the onset of a disability and the start of long-term coverage. Long-term disability insurance offers coverage for extended periods, often until retirement age, and provides financial support for more serious or prolonged disabilities.
When choosing disability insurance, consider factors such as the amount of coverage, the waiting period before benefits begin, and the duration of coverage. The coverage amount should be sufficient to replace a significant portion of your income. It is also important to review the policy’s definitions of disability and any exclusions that may apply.
Disability insurance offers financial security by ensuring that you have income to support yourself and your family if you become unable to work. It provides peace of mind and helps protect your financial future.