Disability Insurance Basics
What is partial disability insurance?
Partial disability (also called residual disability) insurance pays a partial benefit if you can work but your disability has reduced your income. For example, if your disability reduces your income by 50%, a partial disability rider may pay 50% of your full disability benefit.
Key Points
- Partial disability: pays partial benefit if disability reduces your income
- Also called residual disability
- Benefit proportional to income loss
- Example: 50% income loss = 50% of full disability benefit
- An independent agent can help you add a partial disability rider to your policy