DISABILITY INSURANCE INCOME REPLACEMENT

Disability insurance is designed to provide monthly income replacement in the event of a qualifying disability resulting from sickness, accident, or injury that prevents an individual from working. Benefit periods may range from 24 months to age 65, depending on the policy selected. Monthly benefits may be available up to a specified maximum, subject to policy terms, conditions, definitions, and eligibility.

Income protection coverage is designed to help support ongoing financial obligations during a period of disability. This may include assistance with mortgage or rent payments, monthly living expenses, and certain financial commitments such as loans, credit cards, and lines of credit, subject to policy terms and benefit limits.

Critical illness insurance provides a lump-sum benefit following the diagnosis of a covered critical illness, as defined in the policy. Funds may be used at the policyholder’s discretion, subject to policy terms, conditions, and survival requirements.

Hospitalization and confinement insurance is designed to pay a benefit when an insured individual is confined to a hospital due to a covered condition and is unable to work. Benefits are payable according to the policy’s definitions, terms, conditions, and waiting periods.