Disability Insurance Basics
What is a workers compensation offset in disability insurance?
A workers compensation offset provision in a disability policy reduces your disability benefit by the amount you receive from workers compensation. Workers compensation covers work-related injuries and illnesses. Individual disability insurance covers non-work-related disabilities. Some group disability policies have workers compensation offsets.
Key Points
- Workers compensation offset: disability benefit reduced by workers compensation amount
- Workers compensation: covers work-related injuries and illnesses
- Individual disability: covers non-work-related disabilities
- Some group disability policies have workers compensation offsets
- An independent agent can help you find policies without workers compensation offset