Short term disability insurance provides coverage from the time of the employee being unable to work until 3 to 6 months after that point. It provides a higher percentage of the individual’s income (60-85%).
Long term disability insurance comes into effect after other benefits have run out, usually around the 6-month mark after an employee is unable to work. It replaces a lower percentage of the individual’s income and can continue for up to 2 years.
The exact limits and benefits of short term and long term disability insurance will depend on your individual plan. We can develop a benefit that works for your company, its employees, and your budget.