Disability insurance. Replace income when the earner survives but cannot work.
It is a financial instrument.
It exists to relieve Lose the home if income drops, Household collapses if an earner dies or is disabled, The children must be provided for if a parent dies, A layoff arrives when the fixed costs are highest and Lose the ability to work or care for oneself, at any age. That is the whole reason it is here: nothing enters this map without a human problem behind it.
It could not exist without Actuarial science and Insurance regulation. These are the quiet preconditions — remove any one and the solution stops working.
8 organisations in this map sell it, 5 of them publicly listed.
Its neighbourhood
Everything this entry connects to directly. Click any point to follow it.
The line back to a human being
2 hops from a person at a phase of life. The further a thing sits from the person, the more abstract it looks — and the more it tends to be mistaken for something that came from nowhere.
- SolutionDisability insurance
- FrictionHousehold collapses if an earner dies or is disabled
- Life phaseHousehold formation
- Rooted inMortality
- Rooted inSafety
Relieves
Requires
Who sells it
| Organisation | Value | Type | Products |
|---|---|---|---|
| MetLife | $55B | public · MET | group life, disability, dental |
| Aflac | $55B | public · AFL | supplemental health, cancer, accident policies |
| The Hartford | $35B | public · HIG | business insurance, group disability, AARP auto |
| Unum Group | $14B | public · UNM | group disability, long-term care (closed block) |
| Lincoln Financial | $6B | public · LNC | life, annuities, group benefits |
| Northwestern Mutual | mutual | whole and term life, disability, long-term care | |
| Social Security Administration | government | retirement benefits, survivor benefits, disability insurance | |
| MassMutual | mutual | whole life, disability, annuities |