Disability insurance or disability income insurance refers to a form of insurance that protects the earned income of the beneficiary against the risk caused by the conditions. The insurance benefits include short-term as well as long term disability benefits. Sometimes, it provides up to 60 per cent income replacement in the condition of being prevented to continue your job due to disability and injury or illness. There is also disability insurance coming through the sponsored group plan on be half of employer.

The disability insurance is a necessary coverage that the affected person can utilize. It will pay you a monthly benefit. There is a misconception in the people that one can buy much coverage by paying much to the insurance, but it is not true. The insurance companies require proper document of profit and loss or recent pay stubs to decide the quantum of the insurance. Some insurance companies have "Quick issue" provisions, under which no proof is required. The needy people have to consider while going for purchasing disability insurance.

This kind of insurance provides benefits when a person is unable to execute his/her job smoothly. The companies are coming with classifications based on the risk associated with the affected people, such as the pricing will be lower for the lower risk occupations, and vice versa. The condition of illness is the main decider of the quantum and nature of benefit. In many cases insurance companies are using "exclusion riders" that excludes the pre-existing conditions from being covered. The short term disability insurance provides income protection for short term ranging from two weeks to two years. It can be included as a part of the employee benefit plan. The disabled person can apply for it by proving his or her eligibility.

The Canada government has also been protecting the future of the disabled persons by providing them sufficient insurance benefits. There are some criteria for the people that decide the eligibility of the people to ensure that they are qualified for the benefit. In this regard, one can go through the online counseling, because there are some expert helps available for the deserving people. They provide proper guidance to the people who are interested to find disability insurance as per their own requirements.