When an illness or injury prevents you from working, disability insurance can provide vital financial support. However, not all disability insurance policies are the same. Understanding the differences between short-term and long-term disability insurance is crucial to ensuring you have the coverage you need when it matters most. At Cervoni Disability Law, we help clients navigate these options and make informed decisions about their benefits.

Short-term disability insurance (STD)

Typically covers a temporary period, often a few weeks to several months, depending on the policy. It replaces a portion of your income while you recover from a short-term injury, surgery, or illness. STD is ideal for situations where you expect to return to work relatively quickly, and it can also help bridge the gap until long-term coverage begins or Social Security Disability benefits take effect.

Long-term disability insurance (LTD)

On the other hand, LTD is designed to provide income replacement for an extended period, sometimes until retirement or until you are able to return to work. LTD policies often cover a higher percentage of your income and can work alongside Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) benefits. Choosing the right long-term policy is essential for protecting your financial security if a serious or permanent disability occurs.

Ultimately, both short-term and long-term disability insurance serve important roles in protecting your livelihood. By understanding how each type of coverage works and how it may interact with SSDI or SSI, you can make informed decisions about your protection.

Learn more about the differences and benefits by contacting us today! We are here to help.