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Choosing the Right Insurance Policy to Protect Your Income: Life Insurance, Disability Insurance, and More

NerdWallet's Smart Money Podcast

CHAPTER

The Importance of Disability Insurance

The hosts discuss the importance of disability insurance and how it can replace a person's income if they are unable to work due to illness or injury. They compare it to life insurance and highlight the higher chances of becoming disabled compared to dying during working years. The chapter also explores the coverage provided by employer-provided disability insurance and the difference between short-term and long-term disability insurance.

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