What Is Disability Life Insurance?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Disability Insurance and Life Insurance are usually two different types of policies. Disability Insurance pays money to the insured person to replace part of his/her income that was lost due to suffering a disabling illness or injury. Life insurance pays money to survivors when the insured person dies. Some Life Insurance policies do provide a Disability Income rider, so that the one policy can provide both types of benefits.
    Answered on June 28, 2013
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