When individuals purchase a long-term disability insurance policy, there is typically a waiting period, also known as an elimination period. But what are elimination periods and why are they significant? A little background An elimination period is the time between...
Most Florida residents know little about how long-term disability benefits work until they find themselves needing them. These benefits seek to replace a certain percentage of your income if you become unable to work due to illness or injury. Below are a four issues...
If you have long-term disability insurance, either through your employer or privately, you have some protection in the event an illness or injury occurs that prevents you from working for an extended period. This insurance benefit helps cover a percentage of your lost...
Long-term disability insurance is a tremendous asset for employees who suffer serious medical condition or injuries and can no longer work. The Employee Retirement Income Security Act, or ERISA, is the governing rule for long-term disability insurance. It sets the...
Disability insurance helps to cover some of an employee's lost income when unable to work due to injury or illness. Some employers provide this benefit, while some employees purchase private coverage. Long-term disability is for an employee who is unable to work for...
When you apply for short-term disability insurance in Florida and receive a denial in response, you may feel valid frustration. When an insurance provider denies your claim, it has to send an explanation of why it disagreed with the assertion of your doctors that you...
If you are an employee, there is the possibility that you have disability benefits through your employer-sponsored health benefits. These benefits may include short- or long-term benefits that help cover lost wages in the event you have an injury or illness that...
Statistics gathered and maintained by the United States Social Security Administration (SSA) show that the vast majority of claims for Social Security Disability Insurance (SSDI) benefits are denied. Fortunately, the SSA regulations that govern denials of disability...
Many employers provide disability income protection for employees, a benefit that grew rapidly post-COVID. A short-term disability policy provides benefits for a handful of months for employees unable to work due to injury or illness. Upon expiration of those...
If you’ve suffered an injury or illness that has left you disabled, you might breathe a sigh of relief knowing that you have long-term disability insurance to offer support while you are unable to work. But you might be in for a rude awakening when you find out that...