What are the Differences Between Short and Long Term Disability Insurance

What are the Differences Between Short and Long Term Disability Insurance

Consumer Insurance Guide – Consumer Insurance Guide What are the Differences Between Short and Long Term Disability Insurance? If you’re looking for insurance to protect your income, the first decision you have to make is what type of insurance you need Disability insurance is a type of policy that provides an income in the event you become sick or injured and cannot work. The decision on whether you buy short-term disability insurance or long-term disability…

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Why Is It Important to Buy Disability Insurance?

Why Is It Important to Buy Disability Insurance?

Many unexpected life events can render consumers incapable of earning the income needed in order to provide for their family.

Purchasing life insurance coverage can protect against the financial consequences of a death, while disability insurance may help your income endure short- or long-term injuries. A recent report by research organization LIMRA indicated that many consumers are not taking precautions against the latter.

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