What should I consider when reviewing disability coverage?

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Philip Lisagor, MD
Thoracic Surgery (Cardiothoracic Vascular)
If you are still working, disability insurance can provide a portion of your compensation in the event you are disabled. Disability insurance is available in short- and long-term options. You should review your disability insurance needs with your financial planner, and determine the percentage of your compensation that will be required.

Continue Learning about Disability Insurance

Disability Insurance

Disability Insurance

Disability insurance does not cover medical costs. Instead, it pays a monthly sum to replace lost income that you would have if you didn’t have to miss work due to a disability. Short-term disability, often offered by employers, u...

sually provides benefits and income to people who have become temporarily disabled due to injury or illness. Long-term disability kicks in once the short-term coverage reaches its limit.
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Important: This content reflects information from various individuals and organizations and may offer alternative or opposing points of view. It should not be used for medical advice, diagnosis or treatment. As always, you should consult with your healthcare provider about your specific health needs.