Anyone who has bills to pay needs a disability insurance policy. Where do you start when shopping for a policy. Well shopping for disability insurance can be overwhelming due to the terms, conditions and types of disability policies available on the market today. But it is really not that confusing if you understand the basics.

3 Types of Disability Insurance Policies

There are three types of disability insurance policies available in the market place.

1. A workers compensation disability insurance policy

2. A group disability insurance policy or

3. An individual disability insurance policy.

Workers compenasation policies are used when there is an injury on the job. This is usually easily recognizable. A worker slips and falls or a machine malfunctions and causes physical damage to an employee. Non-work related illnesses or injuries can fall under your Group Disability Insurance policy at work or your Individual Disability Insurance policy may be used.