Short-term disability insurance is a type of insurance policy that provides temporary income replacement for individuals who are unable to work because of any sickness or injury. Most of us know about health and life insurance, but short-term disability insurance is an important tool to protect an individual’s income during a difficult phase. This blog will discuss what short-term disability insurance covers and its benefits. Explore more below.

What Does Short-Term Disability Insurance Cover?

Short-term disability insurance covers different medical conditions that can temporarily prevent someone from working. Here’s what it covers:

1. Illnesses: It covers illnesses that prevent any employee from performing their duties like severe flu, or any other complicated health conditions.

2. Injuries: Non-work related injuries like sprains, fractures, surgeries, etc for which you need to take some time off to recover. 

3. Pregnancy or Postpartum Recovery: Coverage for pregnancy and childbirth journey. This is like a blessing for new mothers and allows them to heal properly without stressing over income. 

4. Mental Health Conditions: Some policies cover mental health conditions like depression, anxiety, and other stress-related severe disorders that prevent an employee’s ability to work. 

Please note that short-term disability insurance doesn’t cover on-the-job injuries as these are typically covered under workers’ compensation insurance. 

3 Benefits of Short-term Disability Insurance

1. Financial Security

This is the most important benefit of having short-term disability insurance. It offers the financial protection that is much needed by an individual during a challenging time. Temporary disability will result in income losses, which can cause stress. But this insurance will allow them to recover without worrying about meeting expenses. 

2. Faster Return to Work

When employees have short-term disability insurance, they will focus on recovering from their illness which reduces the risks of prolonged disability and injuries. This will allow them to get back to work as soon as possible with increased productivity. This will benefit both employees and employers. 

3. Peace of Mind

When an employee knows that they have access to short-term disability insurance, they will have peace of mind that their family’s needs and household expenses will be covered uninterruptedly. It will also make them feel more secure, and foster a better work-life balance. 

Who Should Consider Short-Term Disability Insurance?

While short-term disability is a wise choice for most individuals, it is particularly more important for the ones who are dependent heavily on their income and are the sole breadwinners of their families. It is useful for people involved in physically demanding jobs who have increased chances of getting injured. It also increases employee retention rates and boosts overall job satisfaction. 

Short-term disability insurance is a crucial part of a well-rounded insurance portfolio. It offers income protection for individuals with temporary disability. Desjardins Insurance is a trusted company offering short-term disability insurance. You can count on us for your insurance needs. Get in touch with us today or check our website at https://gtainsuranceshop.com/ for more information. We are here to help you.