Short-Term Disability Income Insurance
Short-term disability insurance provides crucial support by ensuring that you and your family remain financially secure in the event of an unexpected illness or injury that temporarily prevents you from working. With this coverage, you can focus on your recovery without the added stress of lost income, allowing you to maintain your standard of living and meet your financial obligations. By safeguarding your family’s financial stability, short-term disability insurance offers peace of mind, knowing that you are protected against unforeseen circumstances and can continue to provide for those who depend on you.
Payments can be used for other expenses too – groceries, rent, bills … you name it!
Highlights
- Pays 60% of your paycheck
- Guaranteed Issue
- Robust Protection
Disability Insurance Rates:
This plan is portable which allows you to take it with you even when you no longer work at your position.
Coverage under this plan is guaranteed issue; no medical exams or tests are needed to enroll.
Colonial Life Group Disability Insurance provides financial support by replacing a portion of your income if you are unable to work due to a covered illness or injury. This insurance helps cover essential expenses during your recovery, ensuring financial stability for you and your family (Colonial Life) (Colonial Life).
The benefits from Colonial Life’s disability insurance are paid directly to you and can be used for any purpose, such as paying medical bills, covering rent or mortgage payments, utilities, credit card bills, or any other expenses that arise during your disability period. This flexibility allows you to manage your finances effectively while focusing on your recovery (Colonial Life) (Colonial Life).
