What does long-term disability insurance provide to an insured person?

Long-term disability insurance is designed to provide financial support to individuals who become unable to work due to a disabling condition or illness. It specifically offers a percentage of the insured person's income, ensuring that they can maintain some level of financial stability while they are unable to earn a living because of their disability. This aspect is crucial for covering ongoing living expenses, such as housing costs, utilities, and other necessary expenses.

The other choices each describe offerings that do not align with the purpose of long-term disability insurance. For instance, full income replacement during unemployment would imply a scenario where the individual is not disabled but simply unemployed, which is not the intent of long-term disability insurance. Likewise, while long-term disability may cover some medical bills, it does not typically provide comprehensive payment for all medical expenses. Lastly, a one-time payment for disability does not reflect the nature of long-term disability coverage, which is meant to provide ongoing benefits over a longer period rather than a single lump-sum payment.