What Are Two Types Of Disability Insurance? 
The two main types of disability insurance are short term disability , and long term disability insurance . Short term disability insurance pays fairly quickly after a disabling illness or injury occurs , and benefits generally last no longer than two years . Long term disability insurance has a longer waiting period until it pays , usually around 90 days . Then it can last a number of years or all the way to retirement in the event of a disability that continues that long . 