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Individual Disability Insurance

Individual disability insurance is designed to help protect a person's earned income if an illness or injury prevents them from working. An individual's ability to earn an income is often one of their most valuable financial assets, and disability insurance can play an important role in long-term financial planning.

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Coverage can be structured in different ways based on occupation, income, existing benefits, and overall planning objectives. Understanding how individual disability insurance works and the features available can help determine an appropriate income protection strategy.

Choose a Topic to Explore

Long Term Disability Insurance

Learn how individual Long-Term Disability Insurance can help protect earned income during an extended disability. Explore how coverage works, common policy features, important riders, and the factors involved in designing an individual disability insurance policy.

Short-Term Disability Insurance

Explore how Short-Term Disability Insurance can provide income protection during shorter periods of disability. Learn how elimination periods, benefit periods, and policy design differ from Long-Term Disability Insurance.

Own-Occupation Disability Insurance

Learn why the definition of disability is an important part of an individual disability insurance policy. Explore Own-Occupation coverage, different definitions of disability, and how occupation and specialty can affect policy design.

Individual DI vs. Group LTD

Understand the differences between individually owned disability insurance and employer-provided Group Long-Term Disability coverage, including ownership, portability, benefit structure, policy provisions, and how the two forms of coverage may work together.

Determining an Appropriate Disability Benefit

Learn how income, existing disability coverage, employer benefits, occupation, and other financial considerations can affect the amount of disability insurance an individual may be eligible to purchase.

The Cost of Disability Insurance

Explore the factors that can influence the cost of individual disability insurance, including age, occupation, health, benefit amount, elimination period, benefit period, policy features, and available discounts.

Need Help With a Case?

Every individual disability insurance case is unique.

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While this guide provides general educational information, product availability may vary based on occupation, income, medical history, and other underwriting factors.

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If you're working on an individual disability insurance case, Source Brokerage can help evaluate available solutions and identify an appropriate strategy based on your client's needs.

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Request an Individual Disability Insurance Quote

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