Disability insurance is a type of insurance that provides financial support to individuals who are unable to work due to a disability. This insurance can help to cover lost income and other expenses, such as medical bills, if an individual is unable to work because of an injury or illness.

There are two main types of disability insurance: short-term and long-term. Short-term disability insurance typically provides coverage for a few weeks or months, while long-term disability insurance provides coverage for a longer period of time, such as several years.

It is important to have disability insurance, as it can provide financial support during a difficult time. If you are unable to work because of a disability, this insurance can help to cover your living expenses and other costs, allowing you to focus on your recovery without worrying about financial stress. Many people regret not having disability insurance when they need it, so it is important to consider this coverage as part of your overall financial plan.