Disability insurance is a form of protection that provides a source of income during periods when a person is not able to work due to an unexpected injury or illness. In most cases, disability insurance is designed to provide financial assistance while recovering from the illness or injury, so that individuals are able to maintain their standard of living during this time.

Despite this, many people have misconceptions about disability insurance and fail to invest in it which puts them and their families at risk. This is why it is important to understand the positive benefits of disability insurance now and in the long-term.

Firstly, disability insurance provides individuals with guaranteed income during times of illness or injury. This means that people can focus on their recovery without the worry of how to pay the bills — particularly in severe injuries or illnesses that may take a long time to recover from. Rather than depleting their savings during a difficult period, individuals have the security of knowing that disability insurance will provide income.

Furthermore, disability insurance can provide long-term financial security. As the effects of a disability may be permanent, disability insurance can provide ongoing financial assistance. Depending on the policy, this may include one-off lump sum payments or regular income payments. This allows people