Articles Editor's Blog Reader Mail

Short Term Disability Dacula GA

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.

Harold Lundy
1091 Ashland Drive
Statham, GA
Company
Company: Lundy Insurance Group, Inc.
Service
Pension for Highly Compensated Owners,Stock Market Alternative,Alternative Investments,Disability Insurance,Annuities,Annuity Ideas & Strategy Planning,Asset Protection Strategies & Planning,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Medicaid,Life Insurance,Long-Term Health Care Planning,Retirement Income Accumulation Planning,401k Rollover From Employer,Income for Life/ Preserve Principal,Medicare Planning,Health Care Insurance,Retirement Planning,Retirement Income Distribution Planning

Data Provided by:
AffordableFamilyPlans.com
(800) 819-7853
PO Box 1975
Loganville, GA
 
Harris Medical Associates
(770) 497-9685
1180 Satellite Boulevard, Suite 200
Suwanee, GA
 
David C Cloud & Associates
(770) 935-0330
4485 Tench Rd Ste 210
Suwanee, GA
 
413 Insurance Services, LLC
(770) 965-6221
5634 Atlanta Hwy Ste. 1000
Flowery Branch, GA
 
Aflac
(770) 374-1347
368 West Pike Street
Lawrenceville, GA
 
Claiborne's Consultation Service for Senior Health Plans, LLC
(770) 680-2726
4850 Sugarloaf Pkw Ste 209-159
Lawrenceville, GA
 
Ameriplan USA
(888) 894-0802
P O Box 392544
Snellville, GA
 
Absolute I nsurance Brokers
(770) 965-8445
5914 Nachoochee Tr.
Flowery Branch, GA
Prices and/or Promotions
We shop many insurance carriers to get lowest premiums for you!!

Markel Insurance Services
(770) 982-7051
3100 Five Forks Trickum Rd., SW
Lilburn, GA
Prices and/or Promotions
Affordable Georgia Health Insurance

Data Provided by:

Short Term Disability

Provided By: 

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...

Click here to read the rest of this article from Insurance Guide 101

About Us | Contact Us | Link to Us | Privacy Policy | Terms of Use | Insurance Resources | Sitemap