Long-term disability insurance provides financial protection in the event that you are unable to work due to a disability that lasts longer than a specified period, typically 90 days. It replaces a portion of your income, ensuring financial stability during a challenging time.
Having long-term disability insurance is crucial for safeguarding your financial well-being and long-term goals. A disability can strike at any time, regardless of age or occupation, and can have a devastating impact on your ability to earn a living. Without adequate insurance coverage, you may face severe financial hardship, jeopardizing your ability to maintain your lifestyle, pay for medical expenses, and support your family.