A short- or long-term disability can prevent you from working. These situations can have significant financial implications. It’s difficult to predict when or if an accident or illness will occur and how long they may last, but disability insurance can help you be prepared for these unfortunate circumstances.
In addition to lost income, disabilities can lead to other expenses (e.g., medical bills and home modifications). An adequate insurance policy can help you pay for these additional costs and lessen your out-of-pocket burden.