What does disability income insurance provide?

Disability income insurance is specifically designed to provide financial support to individuals who are unable to work due to a disability. This insurance policy compensates policyholders with a stated amount of income, typically a percentage of their pre-disability earnings, to help them meet their living expenses during their recovery period. It is essential for maintaining financial stability when an individual cannot earn their regular income due to illness or injury.

The other options do not align with the primary purpose of disability income insurance. Coverage for medical bills while hospitalized relates to health insurance, which is focused on managing healthcare costs. Full payment for all health services suggests a comprehensive health plan, not a disability-focused product. Lastly, insurance against accidental injuries only narrows the scope of disability insurance to specific types of incidents, whereas disability income insurance covers a broader range of circumstances that may cause loss of income.