This insurance protects employers against claims that come from employees injured on job, as well as those from families who help with care giving.

About private short term disability insurance:

Unlike long-term disability insurance, private short term disability insurance cover does not provide a lump sum payout to employees to purchase a private long term insurance policy for retirement.

-You can enroll whenever you want. -You can decide to opt out of-insurance when you want. -You can't be charged a fee for cancelling before time limit.

Pros of private short term disability insurance:

Initial cost of private short term disability insurance is higher than that of long-term disability  However, that initial cost will be much lower compared to claims settlement costs, for employers.

-Only you have the power to determine if you can take time off due to illness or injury. -You can limit your benefits. -No waiting for your employer.

Pros of private short term disability insurance:

If you or your family members are eligible for family insurance provided by your employer, you are all set. But if you need a private short term disability insurance, then you are in for a long wait.

Cons of private short term disability insurance:

-Monthly premiums can be high. -It's based on age. -If you return to work before the maximum benefits, you may have to repay the disability benefit.

Private short term disability insurance do not need to wait months to get a diagnosis. If the person gets a diagnosis that requires surgery or other treatment, this insurance policy is the way to go.