Short term disability benefits can be a huge relief if you are hurt and unable to work. Rather than falling behind on your bills and winding up in a tough financial position as a result of your disability, you can replace your income with your benefits and make it through this tough period in your life successfully. But what qualifies you for short term disability? Before you can make a claim that will be approved, you will need to be sure that you actually qualify for benefits. Let’s take a quick look at what it is that will allow you to qualify.
You Need a Policy
This should go without saying, but we still need to start here. If you don’t have a short term disability policy in place before you are injured and become unable to work, you won’t be eligible for benefits. Obviously, you can’t open a policy and make a claim after an incident occurs – you need to have your coverage in place in advance.
Generally, there are two ways to obtain short term disability coverage. For one, you may be offered a policy through your employer. If your employer does offer short term disability, it is smart to look into the details of the policy and decide whether or not you would like to participate. For those who don’t have the option of an employer-sponsored plan, the other option is to purchase a policy privately. This is something you should strongly consider, as having a policy in place can provide significant peace of mind while on the job.
A Variety of Injuries and Health Problems
It should be noted that you don’t necessarily have to have an injury which fits into a narrow category to qualify for benefits. A wide variety of injuries and illnesses can permit you to be eligible for benefits through your short term disability coverage policy. You may have been the victim in an accident, or you may be unable to work because of a repetitive stress injury sustained through years of performing the same task. Whatever the case, you’ll want to file a claim promptly to get the ball rolling. The sooner your claim is filed, and approved, the sooner you can receive benefits and take the pressure off your financial life.
How Long to Short Term Disability Benefits Last?
Most short term disability policies provide for benefits to be available for up to one year. The exact duration of your benefits will depend on the specifics of your policy, the injury or illness you are dealing with, and more. The best thing you can do as a policy holder is to understand your coverage and ask all of the relevant questions along the way to make sure you know what to expect.
We hope you now have a clearer understanding of what qualifies you for short term disability. Would you like some help managing your short term disability insurance policy needs? Disability Insurance Coach would be proud to assist. Please contact us right away to learn more about what we can offer – we are excited to serve you!