Disability insurance provides you with financial security when an accident or illness causes you to be disabled and unable to work or earn an income, which is normally one's greatest asset.
Disability insurance replaces a portion of your income if you become unable, through injury or illness, to work. Policies differ on how soon you would collect benefits and for how long. They also vary in whether disability benefits are received if you can't perform the duties of your own occupation, a job in your field, or any job at all.
In the business market investigating a Wage Loss Plan can be useful and requires a veteran advisor in most cases. Dove tailing a long term disability plan with Business Overhead insurance is effective. Some businesses make it mandatory for partners to have sufficient disability insurnace and provide proof of the same for the partnership.