Monday, August 15, 2011
Disability Insurance
Disability insurance is the financial coverage provided to an insured individual when he looses his ability to work due to any illness or accident. There are two types of disability policies: Short Term Disability (STD) and Long Term Disability (LTD). In short term disability, compensation is provided for a period of maximum 2 years. On the other hand, if you avail the long term disability plan, you can get benefits for the rest of your life.
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