To keep their expenses down.
When an insured person becomes handicapped due to an illness or injury and is unable to fulfil their regular job obligations, disability income insurance (DI) offers benefits. Disability income insurance reimburses up to 60% of the insured's income. Insurers decline to replace 100% of the income lost due to a disability in order to reduce the number of false disability claims. Only about 60% of the insured's earned income is typically covered by group disability insurance policies. Insurers decline to replace 100% of the income lost due to a disability in order to reduce the number of false disability claims.
Learn More about Insurer's limit Disability Income Benefits here:
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