Disability & Income Protection

Why protecting your income can matter

Your income is the foundation everything else is built on — your home, your family's routine, your savings, your future plans. Most people insure their car, their home, and their life, but never think to insure the thing that pays for all of it: their ability to earn a paycheck. If an illness or injury kept you from working, the financial impact could be serious.

What disability income insurance is

Disability income insurance — often just called disability insurance — is designed to replace part of your income if you can't work because of a disability. Instead of a lump sum paid to your family after you pass away, it pays you a monthly benefit while you're living and unable to work. It's protection for your paycheck.

How it differs from life insurance

Life insurance protects the people who depend on you if you pass away. Disability insurance protects you while you're alive, by helping replace your income if you can't work. The two work together — life insurance is for your family's future, disability insurance is for your present income.

Who may want to consider it

Disability income insurance is worth a look for anyone whose income depends on their ability to work — especially:

• Working individuals who rely on a paycheck.
• Business owners whose income stops if they can't work.
• Professionals whose income is tied to specialized skills.

A few things to know

• Eligibility, benefit amounts, waiting periods, and the definition of "disability" all vary by policy.
• Some policies cover you if you can't work in your own occupation; others cover you only if you can't work in any job.
• The right policy depends on your income, your work, and how long you could go without a paycheck.

Want to learn more or see a quote?

Start your application through our secure quoter, or reach out and we'll talk through whether disability income protection makes sense for you.