Importance of Providing Employee Benefits in Huntington and Morgantown, WV

 Being unable to earn a living even for a few months can devastate the family. Statistics reveal that around 60% of Americans would be unable to make ends meet without the paychecks coming in. Sadly, no one can predict the future, but one needs to be prepared for every eventuality. One of the best ways to ensure a regular inflow of money when one is unfit to work for a few months is to purchase short term disability insurance in Huntington and Morgantown, WV.

Employees who are seriously injured in an accident or recuperating after a serious illness find this kind of insurance plan to be effective for them. The insurance payouts may be claimed for six months, with a few insurance carriers offering them to customers for a year. It is heartening to know that the benefits begin to reach the insured person within two weeks after being disabled, albeit temporarily.

It is interesting to note that the insurance payment can make one financially secure despite not being fit to work. The amount received will only be a percentage of the income drawn by the employee. It will have to do, given the circumstances.

The money is provided for health issues that will last a few months. A fracture or illness or even recuperating from an invasive procedure is regarded to be a short-term disability. What’s more, one may also claim this insurance coverage in the aftermath of childbirth. Furthermore, one may continue to receive this coverage during the interim period necessary for the long-term disability plan to be initiated.

Some of the other associated fats that must be checked before applying for such a disability insurance policy include the following:-

Reasons to buy short term disability insurance

While no one expects to be disabled during their lifetime, the unthinkable happens occasionally. Sure, many individuals live in hope, waiting for the day when they are fit enough to work once again. Not considering this disability insurance can affect one severely when there is no nest egg or emergency fund kept aside for tough times. Paying the mortgage loan or home rent becomes only possible with regular income. The short-term disability insurance money may be used for the children’s education and grocery bills. Almost all insurance companies will pay the following coverage:-

· Digestive problems such as gastritis and hernia

· Pregnancy

· Strained Muscle and ligaments as well as fractures and sprains

· Musculoskeletal disorders that affect the back, spine, shoulders, knees, hip joint

· Mental health conditions, including anxiety & depression

What is not covered?

· Crime-related injuries

· Disability experienced by a convicted individual

· Disability during incarceration

· Injury causing Disability for participating in a riot.

· Pre-existing conditions

· Self-inflicted injuries

· Disability caused by war or an act of war.

· Workplace injuries covered by workers’ compensation insurance policy

 A majority of employers across the nation are eager to provide employee benefits in Huntington and Morgantown, WV, for various reasons. Contacting a reputed insurance broker helps the employer pick and choose from the available options.