What Is Individual Disability Insurance?
Disability insurance pays a portion of your income if you cannot work due to an illness or injury. Employer-sponsored plans often have limits on benefits and an “Individual Disability Insurance” (IDI) policy can provide a more comprehensive level of income protection on their own or layered with an employer policy. IDI policies are:
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Owned by you and stay with you no matter where you work.
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Fills in the benefit gap an employer plan may have.
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Typically provides additional benefit enhancements for catastrophic illness/injury.