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The waiting period for a disability insurance policy is the amount of time you must wait after becoming disabled before you can start receiving benefits.

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5mo ago

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Can you get long term disability if you were hurt due to a fall?

If you had a disability insurance policy prior to getting hurt, yes, you will receive benefits if you are still unable to work after the waiting period has passed. If you didn't have a disability insurance policy, you may be eligible for social security disability if your disability is expected to last 12 months or longer.


What is the waiting period to get paid short term disability?

The waiting period, or elimination period should be documented in your policy - if you have an individual policy. If you are asking about state short term disability, it is best to check the department of labor website for your state.


Can you receive disability insurance for bariatric surgery being out for 4 weeks?

What's the waiting period on your policy? SDI is 7 days What's the waiting period on your policy? SDI is 7 days For info in CA see http://www.edd.ca.gov/direp/diind.htm


What is disability insurance?

Disability Income Insurance pays a monthly benefit if you are unable to work and earn an income due to an illness or injury. There are two types of disability insurance: short-term disability insurance and long-term disability insurance. Each type of disability income insurance has a waiting period and a benefit period. Waiting period is the amount of time before the policy starts paying benefits (8 days, 15 days, 30 days, 90 days, 180 days), and the benefit period is the duration of benefits (30 days, 6 months, 12 months, 2 years, 5 years, to age 65, 70).


What factors impact the cost of disability insurance?

The cost of disability insurance is influenced by several factors, including the insured's age, occupation, and health status, as these determine the risk of disability. Policy specifics, such as the benefit amount, waiting period, and duration of coverage, also play a significant role in pricing. Additionally, the insurance provider's underwriting criteria and regional cost of living can affect premiums. Overall, a combination of personal and policy-related factors shapes the final cost of disability insurance.


Can you collect disability if you are have schizophrenia?

Yes, if your disability insurance policy covers mental/nervous illnesses.Most disability insurance policies have a 2 years benefit period limitation on mental/nervous disabilities. Ask your agent if your policy covers these illnesses, and for how long.


If you have medical insurance now but have pre existing condition can you still obtain medical insurance?

You can still have the insurance but it may not cover the condition due to a waiting period. Most insurances have a 1 year waiting period for pre-existing condtions but after that year you can be treated. Some insurance policies do not have a waiting period. So it all depends on the insurance and the policy you have. You need to contact the insurance company with your group and policy numbers to find out more info on the contract.


What is the Difference between disability insurance and disability income insurance?

The difference between SSI benefits and disability benefits has to do with the circumstances under which each is given. SSI (Supplemental Security Income) is provided only to those 65 years and over while disability maybe be provided at any age.


At what time does an insurance policy go into effect?

In most cases an insurance policy for a car goes into effect the moment the first payment is made. In the case of medical insurance there might be a waiting period based on the insurance company. Life insurance usually goes into effect after the first payment is made, but there might also be a waiting period before benefits will be issued.


Does Virginia have long term disability?

You have to check into Social Security disability, if you don't have your own disability insurance (individual policy, or through your employer); It is recommended that you get your own Disability Insurance policy if your employer does not offer such benefits. Yes, there are disability insurance policies available in Virginia.


What is a provision called in a disability income insurance policy that requires a person to wait before receiving benefits?

An elimination period.


Could you tell me where i could get myself a Disability Insurance Policy in Milwaukee, WI ?

one can get the disability insurance policy through work if the job offers it, Wisconsin is where the policy is available.