Long-term Disability Insurance is a type of insurance that provides financial support to individuals who are unable to work due to a serious illness or injury. This coverage typically kicks in after short-term disability benefits end, offering a portion of the insured's income for an extended period, often until retirement age or recovery. The policy usually covers a range of conditions, including chronic illnesses and accidents. Premiums and benefits can vary based on factors like age, occupation, and health history. Having this insurance can help ensure financial stability during challenging times when one cannot earn a regular income.