MANAGEMENT

Detailed explanation-1: -Long-Term Disability Insurance Long-term disability insurance protects you from losing your income if you’re unable to work for a long stretch of time because of an illness or injury.

Detailed explanation-2: -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-3: -Disability insurance provides risk coverage for the lost income due to failure to work in case of any permanent or temporary disability. This kind of insurance helps in providing a part of your lost income along with the medical expenses, if you happened to meet with an accident that led to disability.

Detailed explanation-4: -As its name suggests, disability insurance is a type of insurance product that provides income in the event that a policyholder is prevented from working and earning an income due to a disability. In the United States, individuals can obtain disability insurance from the government through the Social Security System.