Short Term Disability

Short Term disability insurance is often referred to as "paycheck" insurance. Short term disability plans are designed to protect an employee's income in the event of an accident or sickness that would otherwise prevent them from earning a living. Short term disability plans typically have short elimination periods such as 1, 7 or 14 days and then may have a benefit duration of 3, 6 or 12 months, depending on plan design. While most employers cannot afford to continue the income of a disabled employee beyond the stated paid time off policy, a short term disability program is an excellent way to protect against the financial hardships often associated with a period of unpaid leave.