Short Term vs. Long Term Disability Insurance

Disability insurance is crucial to protect your ability to earn an income. There are 2 types of disability insurance: short term and long term.
Kelly discusses the main differences between short term and long term disability insurance, including how long benefits last, when benefits start, how much coverage they provide, and where to buy it.

[@rafaeljimenez197]

Thank you! Very informative!

[@SteadfastInsuranceAgency]

Glad it was helpful!

[@FindingtheUniverse1]

Can I apply std 2 years in a row or just one time?

[@SteadfastInsuranceAgency]

Travel - I would need more info. If you want to discuss further, email me at [e-mail].

[@29kalel]

I fail to understand why social security insurance is so hard to qualify for when its your money you have paid out of your paycheck that is supposed to be there for issues like not being able to work. It’s stupid why are forms sent to you every year on how much you have paid into SSI just to get denied when you need it.

[@SteadfastInsuranceAgency]

It's really unfortunate that qualifying for disability benefits with social security is so difficult. That's why it's important to have your own individual disability income insurance policy.

[@lizar1015]

Is short term disability considered earned income?

[@SteadfastInsuranceAgency]

It's best to consult a tax professional, but this should help: turbotax.intuit.com/tax-tips/disability/are-short-term-disability-claim-payments-considered-earnings/L0Yn4IiYr and this: www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/disability-and-the-earned-income-tax-credit-eitc#Retirement