What does Long-Term Disability mean? Read on to discover the definition & meaning of the term Long-Term Disability - to help you better understand the language used in insurance policies.
A long-term disability is an injury or an illness that causes a person to be unable to work for an extended period of time. This period of time can be a few years or even longer. Long-term disability insurance, which pays the policyholder a portion of their original income, protects policyholders from having to go without income for the length of the long-term disability.
We hope the you have a better understanding of the meaning of Long-Term Disability.