Disability insurance is a type of insurance that provides financial support to individuals who are unable to work due to a disability. This coverage helps replace a portion of lost income, ensuring that policyholders can meet their financial obligations while they recover or adapt to their new circumstances. There are various types of disability insurance, including short-term and long-term policies. Short-term disability insurance typically covers a limited period, while long-term disability insurance can provide benefits for several years or until retirement age. Understanding the terms and conditions of these policies is crucial for effective financial planning.