💼 Disability Insurance: Protecting Your Income

Explainer

Disability insurance replaces part of your income if you can’t work due to injury or illness.

Types:

• Short-term (weeks to months)
• Long-term (years or until retirement)

Comparison: Employer Coverage vs. Individual Policy

• Employer: Limited coverage, ends when you leave
• Individual: Portable, customizable, but more expensive

Guide: How Much Do You Need?

• Typically 60–70% of your salary
• Factor in monthly expenses and debt payments

Trends in 2025

• More gig workers seeking portable policies
• Insurers expanding mental health-related coverage
• Digital-first disability providers offering faster approvals