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Disability Insurance Basics
Protect income if you can't work
Understanding disability insurance means choosing benefit percentages, elimination periods, benefit durations, and policy definitions (own occupation vs any) plus riders like COLA and partial disability to fit your risk and budget.
- disability insurance
- benefit
- elimination period
- own occupation
- income protection
Coverage
Benefit %, caps, duration, and definition of disability.
Timing
Elimination period length vs savings; when benefits start.
Options
Riders (COLA/partial), exclusions, and renewability terms.