Short Term Disability Insurance
Most employers offer Short Term Disability. These plans allow employees to insure a weekly income in case of an illness or accidental injury and to bridge the gap between sick leave days and long-term disability.

In the event of an accident or sickness, Short Term Disability benefit provides a weekly payment after a certain number of days based on a set percentage of the employee's salary. The benefit period usually ranges from 15 to 26 weeks and should be coordinated with the Long Term Disability benefit.

Long Term Disability Insurance
Much like Short Term Disability, employers can offer a long term disability benefit. Either the employer or employee can be responsible for the premium. In situations when an employee is off work for an extended period of time due to accident or sickness, Long Term Disability provides a monthly payment based on a set percentage of the employee's salary. Coverage begins after the employee satisfies a waiting period, usually three months, and the benefit period usually ends when the employee turns 65.

If you are looking for answers about short or long term disability insurance call an employee benefits specialist at Hanson & Ryan for a quick no obligation quote and get the answer and the price you’re looking for.