Disability Income - Short-Term & Disability Income - Long-Term

Disability Income - Short-Term & Disability Income - Long-Term Disability Income - Short-Term A policy that provides a weekly or monthly income benefit for up to five years for individual coverage and up to one year for group coverage for full or partial disability arising from accident and/or sickness. An employee to qualify for this benefits he/she must be unable to do their job, as deemed by a medical professional but has a medical conditions that prevent an employee from working for several weeks to months, such as pregnancy, surgery rehabilitation, or severe illness. Pre-existing conditions are not covered by short-term disability insurance in many cases, also won’t provide medical care or long-term care. Disability Income - Long-Term Policies that provide a weekly or monthly income benefit for more than five years for individual coverage and more than one year for group coverage for full or partial disability arising from accident and/or sickness. Examples include multiple sclerosis, epilepsy, sciatica, paralysis, dementia, Alzheimer's, Parkinson's disease, amyotrophic lateral sclerosis (ALS), Bell's palsy, and Guillian-Barre syndrome. The cost of disability insurance depends on several factors, like your benefit amount, benefit period, occupation, health status, age and terms of the policy (whether it's any-occupation vs. own-occupation) #benewinsurance #insurtech #inclusiveinsurance #insurance #reinsurance #takaful