Injuries and illnesses can occur at any time, placing individuals temporarily out of work. According to the Social Security Administration, there’s a 25% chance that a worker aged between 20 and 67 will need to miss work for at least a year. This situation may lead to loss of income. Even though Social Security disability benefits can help, they might not be adequate. Disability insurance can compensate for this shortcoming by paying a monthly fixed amount, a part of your monthly income, or a lump sum. Employers may provide disability insurance, but individuals might want to increase their coverage for better protection.

Here are five top disability insurance companies. Breeze is a technologically advanced disability insurance company that allows easy comparison of quotes and identification of great deals from various insurance carriers. Rates can start as low as $9/month. Principal is an esteemed provider for long-term disability insurance and even offers another type of coverage that aids you in saving for retirement if you become disabled during your working years.

Mutual of Omaha is a top provider for high-risk policyholders, offering a variety of options for diverse professions. Assurity swiftly activates your disability insurance benefits, especially for its short-term policies, like accident-only income protection. Finally, Guardian, a leading insurer with robust financial ratings, offers both short-term and long-term disability policies, as well as life insurance and dental insurance.

Keeping these top disability insurance companies in mind is a crucial step in averting income loss due to injury or illness. But, remember that what works best for one person might not work for another, so comparing providers and identifying those with the right combination of features and costs for your individual situation is crucial.