A policy that pays for the loss of an insured’s income when the insured suffers a covered loss—typically a covered disability, illness, or injury.
Long-term disability income provides weekly or monthly income benefits for more than 5 years for individual coverage, and typically for more than one year on a group disability policy.
Short-term disability income provides weekly or monthly income for up to five years for individual policies or up to one year for group disability coverage.
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