Disability
Disability insurance provides financial protection if you’re unable to work due to illness or injury. It replaces a portion of your income, helping you manage everyday expenses and maintain stability while you recover. Short Term Disability (STD) typically covers temporary conditions, while Long Term Disability (LTD) offers extended support for more serious or long-lasting health issues. This coverage offers peace of mind, ensuring you’ll still receive a steady income if the unexpected happens.
Short Term Disability (STD)
- You are eligible to receive STD benefits after you have been disabled for 7 days due to a non-work-related illness or injury.
- Replaces up to 60% of your eligible income, up to a maximum of $XX per week.
- Benefits end after XX weeks
Long Term Disability (LTD)
- You are eligible to receive LTD benefits after XX days of disability
- Replaces up to 60% of your eligible income, up to a maximum of $XX per month until you recover or reach your Social Security Normal Retirement Age, whichever is sooner.