8 Things About Disability Insurance Policy You Need To Know

Last Updated on April 19, 2021

8. Short-Term Disability

Short-term disability is a cost-effective and comprehensive policy. It takes up to 80% of your pre-income tax value from your paycheck, and the applicant is accepted within weeks. This policy is encouraged and preferred for a short period of illness or disability to perform your event for a maximum of one year. The waiting period to get paid is just within weeks, so you don’t need to wait for long time intervals. It costs $300 monthly and $3600 for annual fees.

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