Disability Coverage
Short-Term Disability
Short-term disability (STD) insurance provides financial support for individuals who are temporarily unable to work due to illness, injury, or other medical conditions. Coverage typically lasts from a few weeks up to six months, offering a portion of your income—usually around 60-70%—to help cover living expenses during your recovery. This type of insurance is ideal for those who may need time off for surgery, serious health issues, or maternity leave.
Long-Term Disability
Long-term disability (LTD) insurance offers protection for individuals who experience a prolonged inability to work, often extending beyond six months. This coverage provides a percentage of your income—generally between 50-70%—for an extended period, potentially until retirement age or until you can return to work. LTD insurance is essential for safeguarding your financial future in the event of a serious, long-term health condition that impacts your ability to earn a living.
