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Short Term Disability Clovis NM

Short-term disability insurance is your stop gap insurance in case of accident or illness that leaves you unable to work. It provides a percentage of your salary.

Dr. Stephen Walker & Assoc.
(505) 473-5100
3530 Zafarano Dr.
Santa Fe, NM
 
Lovelace Senior Plan
(505) 995-2974
440 Saint Michaels Dr
Santa Fe, NM
 
Massachusetts Mutual Life Insurance Company
(505) 722-2253
100 W Hill Ave
Gallup, NM
 
Rio Grande Insurance Services
(505) 984-8216
1231 S Saint Francis Dr
Santa Fe, NM
 
Brazis & Associates
(505) 265-3629
3644 Thaxton Ave SE
Albuquerque, NM
 
New Mexico Health Insurance Alliance
(505) 989-1600
460 Saint Michaels Dr
Santa Fe, NM
 
Lovelace Health System
(505) 262-1780
Albuquerque, NM
 
Brazis & Associates Wireless Service
(505) 730-8669
Albuquerque, NM
 
Lovelace Health Plan
(505) 262-1780
Albuquerque, NM
 
McDaniels John Doug Clu
(505) 393-6490
1601 N Turner St
Hobbs, NM
 

Short Term Disability

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Short Term Disability

Most employers will provide some kind of short-term disability insurance. Short-term disability insurance is your stop gap insurance in case of accident or illness that leaves you unable to work. It provides a percentage of your salary (normally between 50 and 60 %) for a period of six months or less. If you require disability for longer than six months, because of a more serious illness or longer convalescence, then you will need long-term disability in addition to your short-term coverage.

Your biggest potential challenge is that the level of insurance coverage may not be sufficient and you need to find that out before you have a problem. Most employers have insurance to cover a short-term sick leave. It only makes sense your employer wants you back and wants you to be able to manage while you are sick. Some states even require employers to provide disability benefit's for a full 26 weeks, but that's where the employers obligation ends. However, the percentage of your salary that is provided, the length of coverage and the number of weeks that you have to wait before benefit's kick in can all make a difference to your familys financial security while you are sick or incapacitated. It's important to know the details of any short-term disability that your employer provides.

Also, you should know if your employer takes into account other disability programs, like Social Security. If they do, your disability pay could be even lower. Another problem is that you can't depend on actually receiving any benefit's from Social Security given today's tougher rules to qualify, even though the possibility of those benefit's may have reduced the benefit that you can receive from your short-term disability insurance.

You might think that short-term disability is a waste of your money. You could be wrong. While most of us carry some level of life insurance, you have only a 14 percent chance of dying between 40 and 65. However, in the same age...

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