Disability

Disability insurance can keep you financially stable should you become disabled and unable to work. It can help provide a sense of security, knowing that if the unexpected should happen, you’ll still receive a monthly income.

Things To Know About LTD Insurance

It can protect you from having to tap into your retirement savings.
You can use LTD benefits however you need, for housing, food, medical bills, etc.
Benefits can last a long time―from weeks to even years―if you remain eligible.

LTD Benefits Cushion The Financial Impact of a Disability

Long-Term Disability (LTD) insurance replaces part of your income for longer term issues such as:

Debilitating illness (cancer, heart disease, etc.)
Serious injuries (accident, etc.)
Heart attack, stroke
Mental disorders

If you qualify, payments may be reduced by state, federal, or private disability benefits you receive while disabled. San Francisco Symphony pays the cost of this coverage.

Long-Term Disability (LTD)

You are eligible to receive LTD benefits after 90 days of disability.
Replaces up to 66 2/3% of your eligible income, up to a maximum of $12,000 per month until you recover or reach your Social Security Normal Retirement Age, whichever is sooner.