Long-term disability insurance is a specific type of insurance policy designed to cover individuals who cannot work due to a disability. It provides income (typically 50 to 60% of a person’s salary) during a period of time when an employee is sick or injured. This type of benefit is designed to be used for an […]
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How Long Do Long-Term Disability Benefits Last?
While many of us would like to believe that we are infallible, the reality is that we are all human. No matter how healthy you may be, there is no guarantee that you will remain that way. In fact, approximately 25% of 20 year olds can expect to be out of work for at least […]
Continue ReadingDo Long-Term Disability Benefits Have to Be Paid Back If I Start Receiving Social Security?
If you become disabled due to an illness or injury, you may look to two different forms of benefits to support you financially while you are unable to work: long-term disability (LTD) insurance and Social Security disability insurance (SSDI). Each type of benefit has an important role to play for people with disabilities. Together, they […]
Continue ReadingCan Long-Term Disability Cover Cancer?
Most Americans know someone with cancer, or have lost someone to cancer. Cancer is an all-too-common diagnosis in the United States. According to the American Cancer Society, in 2019 alone, nearly 1.8 million new cancer cases will be diagnosed — and over 600,000 people will die from cancer. If you have been diagnosed with cancer, […]
Continue ReadingWhat Medical Conditions Qualify for Long-Term Disability?
Long-term disability (LTD) insurance coverage is typically offered by your employer as part of a compensation package, although you can also purchase a plan directly from an insurance broker. LTD insurance protects you in the event of total or partial disability based on a qualifying condition through your policy. In short, if you are unable […]
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