Workers on average spend one-third of their lives away from work – for illness, sickness, injury or maternity leave. It is good to have this insurance.
About personal short term disability insurance:
If your personal short term disability insurance offers a really low rate consider it, just because you have to doesn't mean you should pass on that great rate just because you don't have insurance.
-This insurance policy cover is inexpensive.
-It is portable.
-You can buy term or whole life.
-You don't have to pay a premium for a 30-day period.
Pros of personal short term disability insurance:
Personal short term disability insurance is important. This policy can help those whose income has dropped off by physical injury or illness. It will pay up to certain amount per month to compensate.
-You can plan ahead and get insurance policy at a reasonable cost and compare policies while the market is competitive and policies change often.
Pros of personal short term disability insurance:
Risk of personal short term disability insurance is greater in case of major illness that involves recovery time. Less you have, higher your payouts are. There are serious risks who are not insured.
Cons of personal short term disability insurance:
-No health benefits are available.
-This is rather lengthy policy, & doesn't cover all needs.
-It is non-renewable. You can make one claim per policy.
Personal short term disability insurance typically cover all medical expenses, they also cover some dental procedures and prescriptions, making it a good option for people who are no longer working.