What Does Short Term Disability Insurance Cost?
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63333 POINTSview profilePeggy MaceMost of the U.S.Private Short Term Disability Insurance covers disability that is expected to last under two years. Also called "sick leave", short term disability insurance can cover lost wages due to broken bones, sprains, chemotherapy, pneumonia, and other illnesses or injuries that are not long term or permanent. The average short term disability claim is 40 to 60 days.Answered on June 28, 2013flag this answer
61667 POINTSview profileSteve SavantSyndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale ArizonaLike all insurance, it depends on many factors..Short term disability insurance costs are based on a three items: your personal medical health, your compensation and your vocation. Your gender, age, smoking status, health history, current medical condition contribute to your underwriting classification. Your compensation must be justified or provable. And you vocation whether blue or white collar, hazardous or skill specific all contribute to the price you'll pay for short term disability insurance.Answered on July 27, 2013flag this answer
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