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Disability Insurance

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Short term disability insurance Vs. Long term disability insurance

     
  • Often limited time coverage,ranging from  6 to 26 weeks
 
  • Long term disability coverage ranges from 2 years, 5 years, or a longer period of time up to age 65
  • Usually offered through employers
 
  • Generally purchased individually, to supplement employer coverage
  • Provides weekly income replacement
 
  • Provides monthly benefit for income replacement
  • Benefits can begin 1-14 days after disability
 
  • Benefits begin after the short-term disability waiting period is over
  • Usually claimed for short term health issues such as sports injuries, back problems, infections, soft tissue injury, etc.
 
  • Typically claimed for a mental health issue, musculoskeletal issue, accidental injury, physical disability, etc.