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Disability Income Protection Insurance

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Disability income protection insurancepension income is designed to protect your employment income, by providing a monthly pension incomebenefit when disability restricts your ability to work.

Each income protection plan is different. You can choose an accidentpension income-only plan or a plan that insures against a disability caused by either an accident or a sicknesspension income.

You can also choose your "pension incomecommencement date". In choosing a commencement date, you'll need to decide how longpension income you can live on your own resources during a disability before benefits start. The later the commencement date,pension income the lower your premium.

Depending on the pension incomeplan you choose, you could be provided with income after you are disabled for 30, 60, 90, 120, 180 days orpension income even a year or two years after the start of a disability.

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Publication 575 (2007), Pension and Annuity Income
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