{"id":218452,"date":"2010-01-22T07:00:00","date_gmt":"2010-01-22T12:00:00","guid":{"rendered":"http:\/\/blog.usa.gov\/roller\/govgab\/entry\/disability_income_insurance"},"modified":"2010-01-22T07:17:11","modified_gmt":"2010-01-22T12:17:11","slug":"disability-income-insurance","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/218452","title":{"rendered":"Disability Income Insurance"},"content":{"rendered":"<p><img decoding=\"async\" border=\"0\" align=\"right\" style=\"margin-bottom: 10px; margin-left: 10px;\" alt=\"Woman in a hospital bed\" src=\"http:\/\/blog.usa.gov\/roller\/govgab\/resource\/images\/mg_patient.jpg\" \/>Most of us don&#8217;t really like to think about events like disabling illness or injury.  Let&#8217;s face it, who<br \/>\nwants to think about such bad things?  However, we all owe it to ourselves and our families to take a little bit of time out of our busy lives to think about what we would do should a \u201cwhat if\u201d scenario occur.  We all need to determine what resources we would have to keep paying our bills and maintaining our lifestyles.<\/p>\n<p>Disability insurance can come in 3 forms:\n<\/p>\n<ul>\n<li>Government-sponsored programs like workman&#8217;s compensation or <a title=\"Social Security Disability Insurance\" href=\"http:\/\/www.ssa.gov\/disability\/\">Social<br \/>\nSecurity Disability  Insurance<\/a>;\n<\/li>\n<li>Private employer-sponsored group disability plans that may cover short-term, long-term, or a combination of coverage; and\n<\/li>\n<li>Private individual disability income policies that guarantee income when there isn&#8217;t enough coverage from<br \/>\nemployer or government sponsored programs.<\/li>\n<\/ul>\n<p>How many of us know exactly where we stand in terms of benefits should a disabling event occur?  We can<br \/>\nall look at our Social Security statements to see what monthly disability income we would get.  For most of us, this amount would not cover all of our normal expenditures.\n<\/p>\n<p>If you are employed, check with your employer to see if you have disability income coverage. If you do, find out:<\/p>\n<ul>\n<li>What benefits would be available to you<\/li>\n<li>How long after the start of a disability you would have to wait before benefits begin<\/li>\n<li>How long payments would continue<\/li>\n<li>If your employer\u2019s plan takes other disability coverage (such as government programs) into account<\/li>\n<li>If your long-term disability benefit is subject to a maximum amount you can receive<\/li>\n<\/ul>\n<p>You can find most of the answers by asking for a booklet describing the disability coverage your company<br \/>\noffers.<\/p>\n<p>These resources that can help you determine how much coverage you have and whether you need additional<br \/>\ncoverage:<\/p>\n<ul>\n<li><a title=\"A Guide to Disability Income Insurance\" href=\"http:\/\/www.ahip.org\/content\/default.aspx?bc=41%7C329%7C352\">A Guide to Disability Income Insurance<\/a><\/li>\n<li><a title=\"IRS: Life Insurance &amp; Disability Insurance Proceeds\" href=\"http:\/\/www.irs.gov\/faqs\/faq\/0,,id=199752,00.html\">IRS: Life Insurance &amp; Disability Insurance Proceeds<\/a><\/li>\n<li><a title=\"Long Term Disability Income Insurance\" href=\"http:\/\/www.pueblo.gsa.gov\/cic_text\/employ\/lt-disability\/insurance.htm\">Long Term Disability Income Insurance<\/a><\/li>\n<li><a title=\"Social Security Disability Planner\" href=\"http:\/\/www.ssa.gov\/dibplan\/index.htm\">Social Security Disability Planner<\/a><\/li>\n<li><a title=\"USA.gov FAQ on Disability Insurance\" href=\"http:\/\/answers.usa.gov\/cgi-bin\/gsa_ict.cfg\/php\/enduser\/std_adp.php?p_faqid=7840\">USA.gov FAQ on Disability Insurance<\/a><\/li>\n<\/ul>\n<p>The other thing to keep in mind, it may take a while for disability insurance to begin.  You should always have some money saved for emergencies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most of us don&#8217;t really like to think about events like disabling illness or injury. Let&#8217;s face it, who wants to think about such bad things? However, we all owe it to ourselves and our families to take a little bit of time out of our busy lives to think about what we would do [&hellip;]<\/p>\n","protected":false},"author":4150,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-218452","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/218452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4150"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=218452"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/218452\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=218452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=218452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=218452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}