Income Replacement: Disability insurance safeguards your primary source of income by replacing a portion of your earnings while you are unable to work. This ensures that essential expenses like mortgage payments, utility bills, and groceries are covered.
Medical Expenses: In addition to income replacement, disability insurance can help cover medical expenses related to your disability, such as rehabilitation, medication, and assistive devices.
Debt Management: Disability insurance can assist with paying off debts, including mortgages, loans, and credit card balances. This ensures that financial obligations are met, even during your disability.
Quality of Life: It helps maintain your family's quality of life by ensuring that they have the resources to enjoy essential activities and experiences.
