What type of insurance provides income for employees who are disabled and unable to work?

Disability income insurance is specifically designed to provide financial support to individuals who are unable to work due to a disability, either short-term or long-term. This type of insurance replaces a portion of the insured’s income, ensuring that they can maintain their living expenses, such as rent, mortgage, and bills, while they are out of work due to their medical condition.

Health insurance covers medical expenses related to illnesses or injuries but does not provide income replacement. Life insurance pays a benefit to beneficiaries upon the death of the insured, serving a different purpose entirely. Long-term care insurance supports non-medical care for individuals who may need assistance with daily living activities, but it also does not address income loss due to disability. Therefore, disability income insurance is the most relevant choice for providing income to employees who are unable to work due to a disability.