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