What is the difference between short-term disability insurance and long-term disability insurance?

Disability insurance replaces a portion of your income if you become disabled and are no longer able to work.

A typical group plan offered by an employer will replace up to 60% of your salary.

Supplemental plans and individual policies will often cover up to 70% or 80%. (No plan will cover all of your salary for fear you will have little or no incentive to get back to work.

Long-Term Disability

Benefits typically last for a set number of years (say five years) or until you reach retirement age. (Benefits typically stop around retirement age since once you retire, you would no longer be dependent on the income you generated by working, anyway.)

Short-Term Disability

Like long-term disability insurance, short-term disability insurance provides coverage if you are sick or injured and can’t work. Benefits are paid on a weekly basis and for a limited duration (usually 26 weeks), after a very short waiting period (anywhere from seven to 30 days).

More Insurance and Legal FAQs:

• All Disability Insurance FAQs
• All Insurance and Legal FAQs

Our Southern California disability insurance claims trial lawyers take cases throughout California, including Los Angeles, Beverly Hills, San Bernardino, as well as Northern and Central California. Our disability plaintiff's attorneys also handle disability claims denials cases for the disabled throughout the Nation.