Short Term Disability Insurance

Short Term Disability Insurance is meant for people who depend on receiving a portion of their income in the event they become temporarily disabled and cannot work. If they do not have the savings or do not wish to use their savings for expenses when they are disabled, they should look for coverage under Short Term disability Insurance.

Short Term Disability Insurance Quotes

Most Short Term Disability insurance plans are available through an employer. Group plans are guaranteed issue and do not require medical questionnaires. Short term disability Insurance quotes are available if you send us a completed form with your details.

Short Term Disability Insurance Benefits

Short-term disability, also called STD insurance pays a percentage of your salary if you become temporarily disabled and you cannot work for a short period of time due to sickness or injury.  Most STD policies pay between 40 to 65 percent of your pre-disability base salary. The benefits are usually paid for a period of 3 to 6 months. Plans have a cap for both the maximum amount paid and the duration for which payment will be made.

Usually for injuries, the benefit kicks in immediately. For sicknesses, usually the plans have a waiting period that must be met before benefits are paid. Employers may also require you to exhaust all your sick days and other time off before the benefit will be paid.

Short Term Disability Insurance for Individuals

Short term disability insurance for individuals and self employed professionals is available. Individuals must qualify for the plans by passing the medical questionnaire. Short Term disability insurance for individuals is vital for those who depend on their pay check to pay bills. A sickness or injury can seriously derail their finances.