Long Term Disability
Long Term Disability is commonly available to employees when an illness or injury results in a substantial loss of work time, typically after three to six months. Most Long Term Disability plans replace 50% to 60% of the employee's monthly compensation.
Short Term Disability
Short Term Disability is a type of disability insurance coverage that can help you make ends meet should you become injured or ill and can’t work. Usually, Short Term disability coverage begins within one to fifteen days of the beginning of your disability. The coverage allows you to continue to receive pay at a fixed weekly amount or a set percentage of your income.