4 Important Reasons To Find Your Short Term Disability Insurance Quote

 

It would be nice if life were predictable. Sadly, it’s not. You can plan and dream, but everyday situations carry the potential for life-altering consequences. A single accident could leave you and your family without income. Even for a short period, this could mean significant financial challenges for most Americans.

Short term disability insurance can provide a layer of protection – it offers peace of mind in the face of life’s unpredictability. Simply put, short term disability insurance, or STD, replaces a portion of your income while you recover from an accident or injury that has left you temporarily unable to work.

Life is unpredictable and disability can happen to any of us, so it’s important to find a way to protect ourselves from the unfortunate events that can occur. While saving is one option to do this, there is another, even better one – short term disability insurance. Although it’s often underestimated, here are 4 important reasons you need to find your short term disability insurance quote.

It allows you to plan for the future

A disability, regardless of how short or long it lasts, can have some major negative impact on both your finances and your lifestyle and prevent you from planning your future. On the other hand, having a short term disability insurance quote allows you to freely plan your finances ahead. Your short term disability insurance quote will inform you how much monthly budget you will have at your disposal even if you are prevented from working.

Disabilities are too common for comfort

Statistics show that 1 in 8 workers will be disabled for 5 years or more during their careers, and this is a number you can’t gamble with. You need to create a safer future for you and your family, especially if you have people depending on you and your wage.

This is where the short term disability insurance quote comes into the picture. By having short term disability insurance you protect yourself and your family against the risks of financial losses due to a disability. You will know that your monthly income is protected and that you will be able to provide for your dependents even if you are unable to work.

You will know how much savings and budget you need

In today’s fast-paced life, people are constantly worried about the future and the uncertainty it brings. We tend to keep saving for the future to make it safer that we forget the present and postpone everything just so we can save for future unfortunate events. This can be changed with a short term disability insurance quote.

A short term disability insurance quote will tell you how much coverage you will have in cases of disability and inability to work. This way, you will know how much you need to save to maintain your lifestyle even if you’re unable to work due to a disability, so you can have a piece of mind and enjoy today instead of fearing the future.

Workers’ compensation is not enough

If your disability happens at your workplace, you will be paid a worker’s compensation to cover a certain amount of your medical bill in most situations.

However, according to the Council for Disability Awareness, 90% of the disabilities happen because of an illness, not an accident at work. So, workers’ compensation is not a good enough safety measure to protect your income, but adding short term disability insurance to it can be acceptable protection. Your short term disability insurance quote will protect you in both your work post and outside of it.