Short & Long Term Disability

Short and Long Term Disability Insurance

Disability Insurance is a type of health insurance designed to compensate insured people for the income that is lost because of a disabling injury or illness.

Becoming disabled can be devastating emotionally and financially. Although some people can get by through the usage of their accrued vacation and sick time, less fortunate people will be left with no income.

There are two types of disability policies Short Term Disability and Long-Term Disability.

Short-Term Disability policies (STD) have a waiting period of 0 to 14 days with a maximum benefit period of no longer than two years.

Long-Term Disability policies (LTD) have a waiting period of several weeks to several months with a maximum benefit period ranging from a few years to the rest of your life.

The most common myth about disability income insurance is that coverage is only used for rare, catastrophic accidents, but most people rely on the insurance to cover the income they have lost due to disabilities caused by conditions such as a lengthy illness, child birth, or injury.

Here at SOGO we work with businesses to find the best coverage. We also help find the right disability insurance for individuals who want to protect their lifestyle and long-term savings in case of a disability or illness.

If your employer does not cover you, individual insurance is an excellent option.

Contact our representatives today to learn more about our Short Term Disability and Long Term Disability policies 210-499-5050.