Sentences with phrase «disability coverage»

An employer offers long - term disability coverage of 60 % for both accident and illness.

You usually have small amount of disability coverage on the job; it is also a good idea to you're your own individual disability policy with a private company.

It is virtually impossible to obtain long - term disability coverage for people who have any recent history of psychiatric treatment, industry experts agree.

Having short term disability coverage through your employer is great, but what if you become totally disabled and can not return to work for months, or even years?

This policy will provide compensation for an employee's medical bills, lost wages, rehabilitation and disability coverage in the event of a work - related illness or injury.

While most states require employers to provide disability coverage for a few weeks or months, many employers stop there.

Some policies allow purchasing additional disability coverage if you want to keep pace with a rising income.

Plans with Disability coverage cancel up to six payments per occurrence.

A lot of people get some sort of group disability coverage through their employer.

You may also want to offer disability coverage, health benefits and life insurance.

First, it can be hard to get disability coverage for illnesses like depression and bipolar disorders.

Generally, a total disability policy coupled with residual disability coverage provides the employee with the greatest income protection.

It's best to buy disability coverage while you are employed by someone else, or you could struggle to get coverage.

You should at least secure enough disability coverage to pay your mortgage and pay for the bear necessities in case you get sick or injured.

Let's take a look at the individuals who benefit most from individual disability coverage.

Your loss of earnings minus benefits received from other disability coverage for that month, but not less than 25 percent of the maximum monthly transitional your occupation benefit.

So you're ready to get supplemental disability coverage, right?

A residual disability coverage rider will allow you to receive partial benefits.

Generally, short term disability coverage lasts 6 months to a year.

Your employer, both in these states and in the rest of the country, may also voluntarily provide additional disability coverage.

We should have considered disability coverage 20 years ago, after two younger relatives became unable to work.

Unlike loan protection insurance, disability coverage delivers payments directly to you, allowing you to use the money according to your needs and priorities.

Self - employed people are even more at risk, as many of them have no private disability coverage.

If not, it would be a prudent course of action for employers to immediately terminate an employee's employment if he sustained injury, so as to immediately terminate potential disability coverage.

Long - term disability coverage usually extends to the age of retirement, 65, and some plans can be extended to age 75.

Depending on the insurance company, you can get up to $ 1,500 to $ 1,800 a month in disability coverage built into a mortgage protection insurance policy.

As for key man disability insurance, it can be a little more difficult as there are relatively no «traditional» underwriters of key man disability coverage.

No matter what type if income protection insurance you need, from individual disability insurance to high limit disability coverage, we're here to help.

Lifetime benefit options allow an insured to extend long - term disability coverage past age 65 up to the actual lifetime of the insured.

But it does need an answer for the life and disability coverage gap.

Further, you may be self - employed and need your STD insurance policy to provide income benefits until your long term disability coverage starts.

When you choose disability coverage, consider how long you can manage without a paycheck.

If you have your own disability coverage, file a claim with that insurance company as well.

In such a case, you will have to keep your life cover in force just to keep accidental disability coverage.

Fact - The objective behind disability coverage is to provide compensation for the loss of income because of the disability.

You will receive medical, dental, life and disability coverages along with generous paid time off, paid holidays and excellent retirement benefits.

Another in - law had group disability coverage through an employer, but payments gradually fell in value.

Many people buy disability coverage or receive coverage through their employer.

Even if you have group disability coverage through your employer, it may not be enough.

I noticed you have kids, do you and your wife have enough disability coverage?

If you frequently switch employers, it's important to have individual disability coverage to bridge the gap in between when you're not covered by group benefits.

The result will represent the approximate amount of disability coverage you should get.

But why wait that long to get disability coverage?

Usually they work with government agencies but may also work in the private sector where insurance and disability coverage for employees is the norm.

While most people in their 20s don't have a lot of disposable income, he says, at the very least they should check to see if their workplace provides disability coverage.

The majority of people with disability coverage, however, get it through their jobs.

This rider can be relatively expensive compared to other insurance riders because of the risk to the insurance company, though it may be less expensive than separate supplemental disability coverage.

Most short - term disability coverage last between 3 to 12 months, with some policies stretching to 24 months.