MANAGEMENT

Detailed explanation-1: -What is Disability Insurance? Disability insurance, as the name implies, is a sort of insurance that pays out if a policyholder is unable to work and earn an income due to a disability. In case of an accident or disease, such a policy can protect you financially if you become disabled as a result of it.

Detailed explanation-2: -A personal accident insurance policy is specifically designed to offer financial protection against injuries, permanent disability, or death resulting due to an accident. Moreover, substantial compensation is provided in case of accidents when travelling.

Detailed explanation-3: -Disability income insurance provides insured individuals with income when they can no longer work because of an accident, injury, illness, and/or disability. DI insurance is available through employers, the Social Security Administration, or private insurance companies.

Detailed explanation-4: -Then we examine in greater detail the three most important types of insurance: property, liability, and life.

Detailed explanation-5: -What is Temporary Total Disability Cover? Temporary total disability refers to injuries or illness that affects an individual completely but for a short or temporary period. Temporary total disability covers offer benefits to the Life Assured or policyholder in case they witness such a situation.