What type of policy does a teacher who cannot work due to an accident and is receiving monthly benefits likely have?

The situation described involves a teacher who cannot work due to an accident and is receiving monthly benefits, which aligns perfectly with the purpose and function of a Disability Income policy. This type of insurance is specifically designed to provide financial support to individuals who are unable to work due to illness or injury, helping to cover living expenses during their period of disability.

Disability Income policies typically offer a monthly benefit directly to the insured to replace a portion of lost income, which is particularly beneficial when an individual has suffered an accident that inhibits their ability to perform their job. This allows the insured to focus on recovery without the additional stress of financial strain.

On the other hand, life insurance provides a benefit upon the death of the insured, and health insurance helps cover medical expenses incurred due to health issues but does not provide income replacement. Long-term care insurance is focused on covering costs related to the care needed for chronic illnesses or disabilities, rather than replacing lost income from inability to work. Thus, the provision of monthly benefits due to an inability to work due to an accident indicates that the teacher is utilizing a Disability Income policy.