Understanding Long Term Disability Insurance: Things You Need to Know


A lot of people think that they don’t need disability insurance. But studies now show that 3 out of 10 employees ages 25 to 65 will experience a disability or illness that will affect their ability to work for at least a three-month period. If you depend on income from your salary to live month to month, you cannot afford to lose your income for months on end, especially at a time when you will have increased medical bills, including costly copays.

If your incapacity from work is arising out of and in the course of employment, you will likely be entitled to weekly workers’ compensation benefits. But if your injury is not work related, you’ll need to replace your lost income some other way. This is where long term disability insurance comes into play.

You can often obtain both short term and a long term disability insurance from your employer.
http://bit.ly/20IBDWM

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s