Living Benefits Insurance

An individual's most important financial asset is their ability to earn an income. Disability insurance provides for continuance of salary if an insured person is unable to work due to a qualifying injury or sickness. The scope of the disability plan, and the options available, can make the coverage very limited or very comprehensive. Factors to be considered include the definition of disability, own occupation coverage, whether the policy is guaranteed, future insurability options, and return of premium options.