Disability insurance provides income in the event a worker is unable to perform their work and earn money due to a disability. There are many types of insurance and each organization and disability insurance type have specific rules as to what is considered a disability. Short term disability insurance policies offer a worker a portion of their salary if they are unable to work for a short period typically three to six months.
Long term disability insurance offers a worker portion of their salary if they are unable to work for a longer period usually over six months. Both short term and long term disability policies have a period for which a person must be disabled before that individual is able to start receiving disability benefits. That period of time is called an elimination period. If a person becomes disabled, they must wait until the elimination period is over before the start receiving benefits.