What is worksite short term disability insurance?
Most people rely on their income to pay for day-to-day expenses such as food, mortgage, and cell phone bills. Unfortunately, these expenses don’t stop if you’re temporarily out of work during a total disability. Individual short term disability insurance is designed to temporarily replace a portion of your income while you cannot work to help you keep up with your regular bills.
Advantages of Worksite Individual Short Term Disability Insurance
Advantages of Worksite Individual Short Term Disability Insurance
- Benefits are paid directly to you and are not reduced by Social Security Disability Income, workers’ compensation or employer paid time off
- Convenient payroll deduction or Electronic Funds Transfer (EFT)
- Guaranteed renewable coverage until age 72—your coverage can’t be canceled as long as premiums are paid
- Portable coverage you own—keep the policy even if you leave your employer
- Available for W-2 and 1099 contracted employees
