SHORT TERM DISABILITY
Short-term disability insurance pays a portion of a person’s income if they have a sickness or accident that prevents them from performing their job tasks, forcing them to take time off. Short-term disability coverage is also designed to bridge the income gap during those initial weeks or months of recovery. Employers are not normally obligated to provide short-term disability insurance, although employees can obtain it through them in many instances. Workers may also attempt to buy short-term disability insurance from private insurance companies on their own
LONG TERM DISABILITY
Long-Term Disability is essential to providing coverage to people who have suffered from a loss of income. Due to its potential to replace a percentage of lost income in the event of a protracted illness or injury that prevents a person from working. Disability insurance is also known as income replacement insurance. Benefits will keep coming in until you can go back to work or until the end of your benefit period.
