Disability Income

Disability insurance provides income in the event a employee is unable to work and earn living. There are many types of insurance, and each organization and disability insurance type have specific rules as to what is considered a disability. Short-term disability insurance policies offer a worker a portion of their salary if they are unable to work for a short period typically ranging from three to six months.

Long term disability insurance offers a worker portion of their salary if they are unable to work for a longer period usually over six months. Both short term and long term disability policies have a period for which a person must be disabled before that individual is able to start receiving disability benefits. That period of time is called an elimination period. If a person becomes disabled, they must wait until the elimination period is over before the start receiving benefits.