Short term disability insurance
Short term disability insurance is sometimes called income protection or “paycheck insurance.” It can replace a portion of your weekly income if you are unable to work for a few weeks or months due to an illness or injury that occurs off the job. Common examples include pregnancy, injuries, digestive disorders, back disorders, surgery, and cancer.
Plan offering for employees working in CA & NY (statutory states):
- Replaces up to 40% of your weekly earnings up to a mzxumum of $5,000, and does not offset with income received from your state disability plan
- CA Option: 14 day waiting period for injury/sickness with up to 6 month benefit duration
- NY Option: 7 day waiting period for injury/sickness with up to 3 month benefit duration
Plan offering for employees working in all other states:
- Replaces up to 60% of your weekly earnings up to a maximum of $1,250
- 7 day waiting period for injury/sickness with up to 12 week benefit duration
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Coverage for normal maternity leave is 6 weeks
