Disability Income Insurance

When you are unable to work due to illness or an accident, the loss of income can be a major crisis for your family.

Loss of income insurance is a product that guarantees a certain percentage of monthly income in the event of inability to work for a certain period of time, and is particularly useful for salaried workers, self-employed workers, and freelancers.

JYL designs the most efficient insurance structure to suit your occupation and lifestyle.

Key Features of Disability Income Insurance

Coverage in case of loss of income:

The purpose is to alleviate financial difficulties when income is reduced or lost due to illness, injury, or subsequent disability.

Different types of coverage:

It provides coverage when income is lost due to various reasons such as death, disability, illness, unemployment, etc., and comes in various forms such as monthly payment of a fixed amount, caregiver support, and housekeeper support.

Long-term coverage available:

There are also products that provide coverage until age 80, such as lifetime income guarantee, and products that provide income guarantee to survivors in the event of death.

Optional Collateral:

Each insurance product has various coverages, and you can choose the one that best suits your situation.

Benefits of Disability Income Insurance

Preparing for the income gap in retirement
Long-term living expenses required due to increased life expectancy
Supplementing retirement funds that are not sufficient with Social Security alone
Optimizing fixed and variable pensions to suit your retirement goals
Retirement asset planning linked to life insurance
Custom design considering risk and life expectancy

Life must go on even in the face of sudden events. Prepare now and reduce the uncertainty of the future.

Frequently Asked Questions (FAQ)

Is income loss insurance available to all occupations?
Most likely, but high-risk occupations (e.g. construction, mining, etc.) may have separate screening requirements or higher premiums.
When can I receive coverage after a disability occurs?
Income coverage begins after the waiting period (elimination period) set when signing up for insurance ends.
What are the criteria for determining disability?
It is generally divided into 'if you are unable to perform your job' or 'if you are unable to perform any job', and you should check the conditions when signing up.

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