Disability Income Protection Insurance
Disabilitydisability insurance Income Protection Insurance
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Disability income protection insurancedisability insurance is designed to protect your employment income, by providing a monthly disability insurancebenefit when disability restricts your ability to work.
Each income protection plan is different. You can choose an accidentdisability insurance-only plan or a plan that insures against a disability caused by either an accident or a sicknessdisability insurance.
You can also choose your "disability insurancecommencement date". In choosing a commencement date, you'll need to decide how longdisability insurance you can live on your own resources during a disability before benefits start. The later the commencement date,disability insurance the lower your premium.
Depending on the disability insuranceplan you choose, you could be provided with income after you are disabled for 30, 60, 90, 120, 180 days ordisability insurance even a year or two years after the start of a disability.
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