Offsets are a tool insurers use to reduce the benefits they owe an injured worker by deducting benefits the worker receives ...

To be insured against a loss or some other event, we pay premiums to an insurance company. If a loss or triggering event actually occurs, we expect our insurance company to compensate us according to ...

This plan is currently administered by Guardian. Long term disability (LTD) insurance provides income replacement during extended periods of disability resulting from illness or injury. The plan ...

If you have a physically demanding career, obtaining disability insurance could be a smart move to protect your income if you're unable to work due to a chronic illness or injury. People in trade work ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

Short-Term Disability Insurance (STD) replaces a portion of your pay if you cannot work due to an illness or injury. The STD plan pays a benefit to replace 66.67% of your pre-disability income.

Learn how elimination periods impact insurance costs and benefits. Discover tips for choosing the right waiting period for ...