injury or sickness that prevents a consumer from attending work for a brief period of time. The definition of short-term disability usually varies by Health Insurance Company and corporate employers. Short-term disability insurance coverage is offered to ensure a health care consumer receives full employment wages during a leave of absence required from a physical injury or medical illness that prevents a health care consumer from attending work on a regular basis.
This type of coverage pays a percentage of your salary if you become temporarily disabled, meaning that you are not able to work for a short period of time due to sickness or injury (excluding on-the-job injuries, which are covered by workers compensation). The per-week amount is usually 50, 60 or 66 2/3 percent of your weekly salary, and lasts for a period of time specified by the plan.
An injury or illness that keeps a person from working for a short time. The definition of short-term disability (and the time period over which coverage extends) differs among insurance companies and employers. Short-term disability insurance coverage is designed to protect an individual's full or partial wages during a time of injury or illness (that is not work-related) that would prohibit the individual from working.
An injury resulting in worker absenteeism loss of wages for a finite period. Usually associated with group insurance, this type of insurance pays a monthly benefit for total disability after a brief waiting period for a short period of time (typically up to three, six, nine or 12 months).
This type of coverage pays a percentage of your salary (usually 50, 60 or 66 2/3 percent of your weekly salary) if you become temporarily disabled, meaning that you are not able to work for a period of time due to sickness or injury (excluding on-the- job injuries, which are covered by workers compensation).
A benefit designed to provide temporary income replacement for worker absent due to illness or injury, but who is expected to return to work within a specified timeframe.