For the disability income insurance run by the Social Security Administration, the elimination period is five months.
Source : Insurance Producer
The elimination period defines how quickly benefits begin after becoming disabled.
The elimination period is the length of time you must be disabled before benefits begin. Your elimination period is determined by you at time of application. Shorter elimination periods come with higher premiums.
Check your policy's elimination period. The elimination period is the length of time you must be disabled before benefits begin. Your elimination period may be different for accidents and illnesses.
An elimination period.
o days! Not all employers offer that through.
A probationary period is the time a person must wait before coverage begins, while an elimination period defines the period after a disability or illness during which benefits are not payable. Aspiring bankers agent Antonio Candela from Tampa FL brance
Death. There is sometimes a retroactive benefit that after you have satisfied the elimination period it starts paying back to day 1. 4lifeguild
When you are awarded Social Security disability benefits, you do not receive benefits beginning on your onset date. Rather, there is a 5 month "waiting period" before benefits begin. As a practical matter, however, it is often a 6 month waiting period. This is because the waiting period is 5 full months of disability. So if you have partial month, that month simply doesn't count. For example, if you became unable to work on the 2nd day of the month, that whole first month would not count, since it is a partial month of disability. So the effective waiting period can be as long as six months before benefits are due. For SSI benefits, there is no waiting period. Benefits accrue beginning the day you file for benefits. Soure: http://www.socialsecuritydisabilitylawyer.us/blog/2008/07/title-ii-waitin.html
Yes, essentially Short Term DI fills in the gap during the elimination period for LTDI
It depends - on your short term disability elimination period.If you live in a state with mandated coverage, check with your state's department of labor. If you have a private policy, see what elimination period you selected. The elimination period can be as short as 0 days for accidents, and 7 days for sickness, or as long as 3 months or more.
It depends upon the elimination period in your policy. The elimination period is the length of time stated in the policy that you must be disabled before benefits begin being paid. Sometimes the elimination period is shorter for accidents than for illnesses. You would also have to consider the reason for the surgery (was it brought on by an accident or sickness?).
Benefit payments begin after satisfying the policy elimination period. The elimination period describes the length of time the policyholder must be disabled before benefit payments begin. The elimination period is established when completing the policy application. Generally policies with shorter elimination periods have higher premium costs, so the answer partially depends upon the choices made at purchase. There may be separate elimination periods for accidents and illnesses, so the answer also depends upon the reason for the disability.