Are you asking about SSDI or a privately held Disability Insurance plan? SSDI will pay for life. If you are talking about DI insurance, it will pay as long as the policy allows. Benefit periods range from 6 mos to age 65 in most cases. You would need to reveiw the policy to see what your plan allowed. Also check the definition of occupation, if it is "any" occ, you may not be collecting as long as you wish. 4lifeguild
There is no fixed answer to this question, because it depends upon the terms of the contract. That is, disability insurance benefits, assuming they are not government-provided benefits such as Social Security Disability, are paid pursuant to a contract (insurance policy) between an insurer and an insured.
If you are a covered under a group long-term disability policy (for example, provided through your employer), the Human Relations Department will be able to provide you with the specifics of the duration of benefits.
If you have an individual policy (one that you have paid for), you would have selected the duration of benefits at the time that application for the policy was made. Assuming that the policy was issued by the insurance company upon the terms requested, that duration of benefits would apply.
Another factor to consider is that disability benefits will continue under the policy for as long as you are determined to be disabled per the policy definition of "disabled". That is, some policies are written as "own occupation" policies, which means that generally, you will continue to be considered disabled for as long as you are unable to perform the material duties of the job that you held at the onset of your disability. Other policies are written as "any occupation" policies. These generally require that you be unable to perform any sort of occupation in order to collect benefits.
Finally, keep in mind that all policies will have a finite end time for the payment of benefits. This may be expressed in terms of an age (for example, 65), or in the number of years that benefits are paid. Also, most disability policies have an elimination period on the front end. This is generally similar to a deductible (in a property and casualty policy) but is measured in terms of time that has to pass before benefits begin to be payable.
Depending on the benefits schedule on your disability insurance policy.
A short-term disability policy can pay from 3 months to 24 months benefit period, and long-term disability policies have benefit periods from 24 months to 5 years, 10 years or to age 65, 67 or 70. You choose the benefit period when you purchase the disability insurance policy, through your employer or individually.The long-term coverage ends at retirement age (age 65 or 67) or up to age 70 if you continue working at least 30 hours per week. The benefit period however, can be selected from: 2 years, 5 years, 10 years, to age 65, 70 or lifetime.
It is dependent on the terms of the policy. There can be a defined number of years, or it could be based on the date of Social Security retirement eligibility.
The is no time limit, because there is no state disability insurance in Texas. State disability, where mandated, is typically short term coverage. Federal, or Social Security Disability is for long term disabilities and is available in all 50 states. You may be eligible for this coverage. Check out the social security website for details.
It depends on why you are taking leave, and if you have short term disability coverage in force. Illinois does not have state mandated disability coverage so you would need to have a policy already in place. Short term disability will cover your disability, but will not pay benefits if you are taking leave to care for a family member.
Yes, consult with you employer for FMLA forms and short term disability coverage.
Minnesota does not have state mandated short term disability. But private coverage is readily available for pregnancy and maternity leave.
You should consult with a tax specialist, but generally employer paid disability insurance benefits are taxable.
Can you file on the taxes that are taken out of long term disability check
Disability isn't usually "rolled into" a life insurance policy, but you can buy both life and disability coverage from MetLife or Guardian Life, for example.
it's LALouisiana does not mandate coverage for employees. You can get individual coverage through your employer.
Arizona does not have state mandated short term disability insurance. You can get short term disability coverage on your own.Social Security Disability is a federal program designed for people who are permanently disabled.
Missouri does not mandate short term disability coverage. The choice is left up to the employer. Most employees pay for disability coverage 100% themselves via payroll deduction, so there is no direct cost to the employer to give employees this option.
Massachusetts does not have state mandated short term disability. You can get coverage through your employer. Just ask them to make a voluntary short term disability policy available to you via payroll deduction. You pay for the policy.
No Arizona does not have state mandated short term disability insurance. Only five states have this coverage. Arizona is one of 35 states without mandated coverage.