disability insurance

Related Terms
Insurance policy that pays disability benefit as a partial replacement of income lost due to illness or injury. Most disability insurance policies pay a fixed sum for a fixed period, while others pay a monthly sum for the entire period the insured is disabled from earning suitable income (as determined by his or her qualifications, experience, and training).

Use 'disability insurance' in a Sentence

Having good disability insurance will allow your workers to have the peace of mind knowing they will be taken care of in case of disaster.
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If you have a factory or warehouse it is important that your business has good disability insurance in case of a disaster.
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When I worked at my shoe factory, I lost a leg due to an accident, and had to collect disability insurance in order to pay my bills and eat.
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