Disability Insurance
Important Questions to Ask Yourself
How much of your income would you need to replace to maintain your lifestyle if you became disabled and couldn't work?
1.
How long could you wait before the disability benefits kicked in?
2.
How long would you want the benefits to last?
3.
Will you need care at home or in a facility?
4
Short Term Insurance
Short Term Insurance
Short-term disability insurance pays you a portion of your income for a short period of time after you run out of sick leave. Depending on your plan, STD generally will pay you for between 9 and 52 weeks (or 1 year).
Long Term Insurance
Long-term disability insurance picks up where short term disability insurance leaves off. Depending on your plan, LTD generally last until you can go back to work or the number of years stated in your policy.
