Short-Term Disability Insurance

Protect Your Income, Secure Your Future

No one is immune to illness or accidents. According to the Social Security Administration, more than 1 in 4 of today's 20-year-olds will become disabled before reaching retirement age. This alarming statistic underscores the need for a reliable safety net. That's where our Short-Term Disability Insurance comes into play.

What is Short-Term Disability Insurance?

Short-Term Disability Insurance is designed to safeguard your earning potential. While we can't prevent accidents or illnesses, we can help minimize their financial impact. Whether you're a business owner, freelancer, or have a traditional 9-5 job, our policy ensures you receive the financial support you need during a major health crisis.

How It Works

With Think Life's Short-Term Disability Insurance, you will receive weekly benefits while disabled, after your policy's elimination period, based on the benefit period you elect. These funds can cover your usual monthly expenses, such as mortgage, car payments, credit cards, food, and other living costs. If you return to work but can't perform the same job due to your impairment, you may still be eligible for weekly payments.

Benefits of Short-Term Disability Insurance

Who Needs Short-Term Disability Insurance?

Short-Term Disability Insurance is a wise investment for healthy, employed individuals looking to secure their financial future. It's especially beneficial if:

How Much Short-Term Disability Insurance Do You Need?

The coverage amount depends on your income and essential expenses. Calculate your monthly bills, including mortgage, rent, student loans, car payments, credit card payments, childcare, utilities, groceries, and other living expenses. Divide the total by four to determine your required weekly benefit. Even partial coverage can be beneficial if full coverage is unaffordable.

Insurance Tailored to Your Needs

With Think Life, you can customize your coverage to fit your needs, budget, and objectives.

Choose Your Coverage

Choose Your Elimination Periods

The elimination period, or waiting period, is the time between becoming disabled and receiving benefits. A longer waiting period results in lower premiums. Choose an elimination period that fits your financial needs and circumstances:

Choose Your Benefit Periods

The benefit period is the length of time the insurance provider pays benefits. Longer periods result in higher premiums but provide extended financial support:

Short-Term Disability Insurance Policy Features

Childbirth Benefit (Accident & Sickness Coverage Only):

Receive a lump sum benefit equal to two times your weekly benefit amount, up to $500, if disabled due to childbirth. Available for one child per year.

Organ Donor Benefit (Accident & Sickness Coverage Only):

Receive weekly compensation if disabled from donating an organ or bone marrow.

Partial Disability Benefit:

Receive 50% of your benefit amount if you return to work part-time after total disability.

Presumptive Disability Benefit:

Receive full weekly benefits upon permanent loss of speech, hearing, sight, or use of limbs, regardless of employment status or medical care.

Waiver of Premium Benefits:

Premiums are waived if you become totally disabled until you recover or the benefit term expires.

Expand Your Coverage with These Riders

Customize your policy with optional riders for additional protection:

Catastrophic Disability Rider (Accident & Sickness Coverage Only): Provides extra benefits for severe disabilities that prevent basic daily activities.

Family Care Rider: Provides benefits for policyholders on family medical leave to care for a child, spouse, or parent.

Guaranteed Insurability Rider: Allows increasing coverage without a medical exam.

Retroactive Injury Rider: Provides a lump sum if a covered injury causes total disability after the elimination period.

Return of Premium Rider: Offers partial or full refund of premiums if the policy is terminated, lapsed, or if the policyholder reaches 65 or passes away before the policy term ends.

Stay-at-Home Spouse Disability Income Rider: Provides benefits if the insured spouse becomes totally disabled.