Disability insurance is a type of insurance that will provide income in the event a worker is unable to perform their work and earn money due to a disability. There are many types of organizations that provide different types of disability insurance. Each organization and disability insurance type have specific rules as to what constitutes a disability and how a person might qualify to receive the disability benefit.
Types of Disability insurance
- Long-term disability insurance.
- Short-term disability insurance.
- Mortgage disability insurance.
- Supplemental disability insurance.
- Social Security disability insurance.
- State disability insurance.
- Self insurance.
- Workers’ compensation.
Notable Disability insurance Companies
- Metropolitan Company.
- Sanlam Company.
- Old Mutual Company.
- Discovery Life Company.
- Liberty Life.
- Momentum Life.