What does disability insurance provide to individuals?

Disability insurance is designed specifically to provide income replacement for individuals who are unable to work due to an injury or illness. This type of insurance acts as a safety net, ensuring that individuals can maintain a portion of their income during periods when they are unable to perform their job duties due to medical conditions.

The primary purpose of disability insurance is to help replace the lost wages that result from a temporary or permanent inability to work, thus supporting individuals and their families financially while they recover. This financial support can be critical for covering essential living expenses, such as housing, food, and other daily necessities, thereby alleviating some of the stress that can accompany a sudden loss of income due to disability.

While other types of insurance might cover property damage, medical expenses, or provide investment returns, these are not the focus of disability insurance. This specialization distinguishes it as a valuable financial tool for those facing work-related absences due to health issues. Thus, option B accurately captures the essential function of disability insurance.