LONG TERM DISABILITY
Long term disability insurance covers a portion of an employee's income (around 50-70%) when the employee has become injured or seriously ill. It's important to note that if an employee is hurt off the job, worker’s compensation will not cover them. When an employee cannot work for an extended period of time, a long term disability plan can help cover a portion of the employee’s salary. Long term disability usually kicks in after a short term disability policy has run out. This happens around 10 to 53 weeks after an eligible event, with the average being 26 weeks.