Disability Insurance comes in two different plans:
Short-Term Disability is used to recover from an illness or injury that permits the insured to work during the time of recovery. The plan usually has a small waiting period and provides a maximum benefit period. The insured will be paid benefits up to a certain amount of his income to keep his finances in order.
Long-Term Disability is designed to provide benefits for years or even the insureds lifetime. The long-term disability policy insures against losing the ability to perform your profession due to illness or injury. An example of an important use of a long-term disability policy would be a professional who uses his hands for precise functions, a surgeon or electronics technician, securing insurance for their income in the event the loss the fine motor skills needed for their job.