What type of insurance protects income in case of disability?

Disability income insurance is specifically designed to replace lost income due to an individual's inability to work as a result of a disability. This type of insurance provides beneficiaries with a portion of their salary to maintain their standard of living when they are unable to perform their job duties due to a medical condition or injury.

In contrast, life insurance pays out a benefit to beneficiaries upon the insured's death, which does not directly protect income during the policyholder's lifetime. Health insurance assists with medical expenses incurred due to illness or injury but does not provide income replacement. Accidental death insurance only offers a payout in the event of death caused by an accident, again failing to address loss of income during a period of disability. Thus, disability income insurance is the most appropriate choice for income protection in case of a disability.