Short Term Disability
Short Term Disability, also known as Weekly Indemnity insurance, provides employees with protection against short term loss of income due to injury or illness. We offer competitively priced Short Term Disability as an add-on to your benefits solution.
Common Details about Short Term Disability Insurance
- Different options for the waiting period are available, but benefit payments usually begin on the 1st day of disability for an accident and the 8th day for sickness
- Maximum benefit duration is typically 17 weeks
- Benefit amounts are usually 66 2/3% of weekly income, but other options are available
- Coverage terminates at the earlier of age 65 or retirement