What does Disability Income mean? Read on to discover the definition & meaning of the term Disability Income - to help you better understand the language used in insurance policies.
Disability income (DI) is income that a person receives as a benefit of disability insurance. In other words, it is money people who become disabled receive either from the Social Security Administration or a private insurance company. The purpose of disability income is to provide disabled people a means to live by supplementing their finances with a portion of the income they would be earning if they were fully healthy.
We hope the you have a better understanding of the meaning of Disability Income.