What is the Definition of Long-Term Disability Income Insurance?

What is the Definition of Long-Term Disability Income Insurance?

A type of disability income insurance that provides disability income benefits after short-term disability income benefits terminate and continues until the earlier of the date when the insured person returns to work, dies, or becomes eligible for pension benefits. Contrast with Short-term disability income insurance.

Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/

Label: Insurance
Theme: Dictionary of Insurance Terms

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What is the Definition of Long-Term Disability Income Insurance?

What is the Definition of Long-Term Disability Income Insurance?

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