New Jersey Insurance Agency - Disability

new jersey disability insurance

Your Ability to Earn is Your Most Valuable Asset

Disability insurance pays an insured person an income when that person is unable to work because of an accident or illness.

What are the types of disability insurance?

There are two types of disability policies: Short-Term Disability (STD) and Long-Term Disability (LTD):

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.

Disability policies have two different protection features that are important to understand.

Non cancelable means the policy cannot be canceled by the insurance c... http://for-insurance.ucoz.com/news/new_jersey_disability_insurance/2013-05-26-2466