We can never be fully certain about our life and what will happen next as the days go by. One minute we may be okay, but we cannot accept the same circumstance the next. This is why it is important to have an insurance plan that allows for us to anticipate the future with certainty in our hands. More specifically, there are a lot of benefits of having a disability insurance at our disposal.
What is a disability insurance?
Disability insurance or often called as DI is a kind of insurance product that protects workers from the physical threats found in their workplace. If he or she incurs injuries during the performance of his or her duties, he or she is guaranteed or insured of income.
This kind of worker’s insurance ensures that policy holders (or the beneficiaries) get their paid sick leaves and short-term plus long-term benefits associated with the disability inflicted on them during the performance of their work. More than the physical injuries and physical disabilities, this kind of insurance product (more often than not) covers mental and psychological injuries too that is brought about by the physical disability.
What are the benefits of having one?
Having a disability insurance ensures employees that they will get the right protection and compensation when the time comes that they need it. When one gets injured due to the performance of his or her job, it would be a hard time to find the strength to work again like he or she used to. It is important to note that it is not as if the employee wanted to be injured. It’s all part of the job.
With a disability insurance, there is a way to protect the employee’s welfare with a product that whatever happens in the future, there won’t be much to worry about. With the glaring statistic that at least one disabling accident occurs every second, there ought to be a way to address this inevitability without a solution that has assuring results. It’s just a matter of time that not only employees are aware of this, but also employers who are responsible of staying on top of their employee’s welfare during work hours.
Moreover, caution and precaution can only do so little when it comes to acquiring injuries from the workplace. Especially when it comes to workplaces that have highly erratic conditions, no amount of protection can fully shield employees from the perils of a hazardous and dangerous environment. And with the fact that physical injuries can transcend to psychological impairments and even permanent damage, the risks employees are exposed to during work hours should not be taken lightly.
Not only is a disability insurance a way to ensure that you have a safety net when the unfortunate happens that you meet an accident in the workplace; it is also a way to ensure that there is a way to protect yourself from the possibility of suffering a disability injury before your age of retirement comes.