Short-Term Disability Insurance
What is short-term disability insurance?
Short-term disability insurance replaces a portion of your income if you are temporarily disabled and cannot work. Coverage typically begins after a 7-14 day elimination period and lasts for 3-6 months. Short-term disability insurance is often provided by employers but can also be purchased individually.
Key Points
- Short-term disability: replaces income for temporary disabilities
- Elimination period: typically 7-14 days
- Benefit period: typically 3-6 months
- Income replacement: typically 60-70% of gross income
- An independent agent can help you find short-term disability insurance