Disability insurance is a good way to plan for the unexpected. The added financial support provided through a disability policy may be particularly valuable to you and your family if you're the primary breadwinner in your household. Consider some of the following benefits of disability insurance:
You’ll still have income even if you can’t work: If you’re unable to earn a paycheck due to a disability, you can still receive a portion of your salary, which can help maintain your family’s standard of living. You can enjoy a tax-free benefit: Disability insurance payouts are tax-free as long as the policy was paid for yourself and not provided by an employer.