Disability insurance as the word speaks will provide assurance if you become disabled and can no longer perform work in order to earn your income. It will help you in difficult times when you become sick or hurt and couldn't work. Disability insurance can replace a portion of your income when you are unable to work. It is the most difficult time to cover, to maintain a standard of living to pay your bills, look after your children and many more. This is when disability insurance is most needed. Understanding disability insurance is most difficult part. Every disability insurance policy from every insurance company is different .Every plan has a definition of total disability in the policy. You should always know the exact language of this definition before you own anything. Total disability definition is the key in deciding to choose the type of insurance.

While looking for disability insurance, consider the following points:

• Definition of total disability
• Residual disability
• Renew ability provisions: One of the most important aspects of a disability insurance policy is the renew ability provision, they are two types:
  1. Guaranteed Renewable: A guaranteed renewable policy can not be canceled by the insurance company even if a change in your circumstances would make you a grater risk.
  2. Non Cancelable: There is a type of individual disability insurance available which offers an insured a guaranteed future premium

There are three major types of disability coverage or disability definitions:

1. Own occupation: Under this type of plan, if because of a sickness or injury you can not perform in your occupation, you will be considered totally disabled, even if you choose to do something else. But most people refer to go back to work in some other capacity so you get the monthly checks and still can earn another source of monthly income.
2. Any occupation: Which would stipulate that you are unable to perform any occupation? Under this plan once you have applied for the claim and start receiving monthly checks from the insurance company, then you cannot go back to work, or earn another source of income. If you choose to work, you can be penalized and your policy can be terminated.
3. Residual disability: What happens if an insured is only 'partially' disabled?
   Under the definition of total disability, no benefits would be paid. To solve the partial disability problem, the 'residual' disability concept has been developed.The basis of a residual claim is that a person is still actively engaged in their occupation, but because of a sickness or injury he is:
   
   • Suffering a loss of time and duties
   • Suffering a loss of income of at least 20%
   An insured receives a percentage of his or her disability benefit based on the percentage of income loss the sickness or injury has caused.

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