Disability insurance basically refers to the insurance which will pay in your disability days.
In general, you are paid only if you are doing work and you not paid in case you are not working.
But, imagine if something happens to you or if you are trapped by some disease or injury caused due to accident which left you bed-ridden.
In that case, you find yourself unable to earn your two times meal.
It sounds to be horrifying when you know that you are the only source of your family income.
But, if you are covered with insurance policy then it will help you in your disability days.
Now days, there are tons of insurance companies providing you with disability insurance.
They offer you with both individual and group coverage.
So, you have to choose which insurance policy you really need.
You should make a proper research before choosing.
Various companies provide disability insurance for individuals.
It has its own benefits, especially to the women during their pregnancy period.
Women can take its advantage in their maternity period as at that time they are unable to work.
It thus proves to be beneficial for them by providing them a specific amount of money each month.
On the other hand, group disability insurance offers the insurance benefit to the group of person.
For instance, you cannot afford to work due to your bad health condition and also you are the only helping hand for your family.
In that case, its coverage proves to be a helping hand for you and your family.
Disability group insurance generally pays about 60% of the monthly income for the time of your disability.
One of its premium benefits is that it does not oblige any medical underwriting.
It would be best to shop around to compare the services of various companies and quotes provided by them.
Thus, choose the one that best meets your requirements.