What does Short-term Disability Insurance mean? Read on to discover the definition & meaning of the term Short-term Disability Insurance - to help you better understand the language used in insurance policies.
Short-term Disability Insurance
Short-term disability insurance refers to a policy that covers a person who experiences an illness or an accident that prevents him or her from working and earning a wage during a period of time. The insurer's coverage provides money as replacement of income loss because of the disability. Short-term disability policies are meant or short-term issues where the insured is likely to return to health and to work. It is not meant or permanent or long term illnesses or injuries.
We hope the you have a better understanding of the meaning of Short-term Disability Insurance.