Disability Insurance

Disability insurance is a type of coverage that provides financial protection to individuals who are unable to work or earn income due to a disability. It serves as a safety net, offering a source of income replacement and support during challenging times when a person's ability to work is compromised by a covered disability.

The purpose of disability insurance is to provide financial stability and peace of mind in the event of an unforeseen disability. It helps individuals and their families manage living expenses, medical bills, and other financial obligations that may arise during the period of disability. This type of insurance is particularly important because disabilities can occur at any time, regardless of age, occupation, or lifestyle.

There are two main types of disability insurance: short-term disability insurance (STD) and long-term disability insurance (LTD).

*Effective July 1, 2024, Unum will become the vendor for CMU’s disability insurance plans (replacing The Hartford).