Most employees may not be aware of disability insurance. But the issue has come into focus as companies are increasingly cutting back on this insurance for their workers. It protects employees against loss of income as a result of disability, permanent or temporary.

Under this coverage, employees who suffer injuries at work or become severely ill are provided an income. Disability insurance makes the employer-offered benefits package more competitive. A disability insurance policy explains the policy tenure, terms of the illness/disability, coverage limit and certain exclusions.
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