You work hard—on rigs, in hospitals, or on factory floors, but if a serious health issue keeps you from working, how will you cover your expenses? Long-term disability insurance replaces part of your income when you can’t work for months or longer. Understanding how...
Most people with long-term disability benefits provided by their employers never need to use them. After all, long-term disability benefits only apply in scenarios where people become incapable of working for weeks or months. Unfortunately, people who may have seemed...
Disability insurance benefits are frequently part of comprehensive workplace benefits packages. Employers provide policies to their workers that can replace their wages if they become unable to work due to medical issues. Long-term and short-term disability coverage...
Multiple sclerosis (MS) is a chronic neurological disorder that disrupts communication between the brain and the body. This autoimmune disease causes a range of devastating symptoms that can significantly impact an individual’s ability to work. While some people with...
Workers with comprehensive employment benefits packages may have several types of insurance provided by their employers. In addition to basic health insurance, they may also have long-term and short-term disability insurance provided by their employers. Such policies...
Employees who benefit from employer-sponsored retirement and health plans, such as disability benefits, 401(k) plans, employee stock ownership plans (ESOPs) and profit-sharing plans are protected with the use of the Employee Retirement Income Security Act (ERISA). An...
Some professionals have better work benefits than others. Companies trying to hire the best and brightest often offer more robust benefits packages. In addition to paid leave and health insurance coverage, some employers may offer short-term and long-term disability...
Many workers in well-compensated positions have complex benefits packages. Employers might offer disability benefits in addition to health insurance and paid leave. Workers often do not evaluate those benefits very closely until they suddenly need them. A surprise...
When it comes to filing a disability benefits claim, timing is everything. Under the Employee Retirement Income Security Act of 1974 (ERISA), specific time frames are set to ensure that claims are handled effectively and fairly. As a claimant, it is essential to...
Many successful professionals have insurance coverage that they may never use. Those in well-compensated professions often have employer-sponsored benefits that may include short-term and long-term disability insurance. Those benefits help supplement available Social...