May 10, 2019

Srikaanth

Short-Term Disability Insurance Policy From State Farm

Disability Insurance Helps Protect Your Future

You rely on your paycheck. Disability insurance can help protect it. If you're totally disabled due to sickness or injury and can't work, disability insurance offers coverage that can provide money to help pay your mortgage, rent, car loans, and other monthly expenses. It may also help prevent using your retirement or education savings if you can't work. Let's talk.

Did You Know?
  • Just over 1 in 4 of today's 20-year-olds will become disabled before they retire.
  • Insurance statistics show that only 9 percent of long-term disabilities actually resulted from serious accidents.
Read More Disability Insurance:


Short-Term Disability Insurance From State Farm

Help Protect Your Paycheck and Your Lifestyle

If you receive a paycheck, here's a way to protect your earned income. A short-term disability policy offers you income protection to help cover monthly expenses (such as mortgage, rent, utilities, or car loan) if you're unable to work because of a total disability due to illness or injury.

Policy options are designed especially for short-term disability. They include one- and three-year benefit periods, with a monthly benefit amount ranging from $300 to $3,000 (subject to your income and occupation class).

Did You Know?

Just over 1 in 4 of today's 20-year-olds will become disabled before they retire.*
In 2016, the Social Security Administration approved 744k of a total 2,321k applications. 67.9% disability applications were initially denied.**
Short-Term Disability Insurance
Short-Term Disability Insurance Policy From State Farm
Short-Term Disability Insurance Policy From State Farm

Coverage for You

Short-term disability insurance can provide funds for whatever you need to protect. Mortgage, rent, or a car loan are just some of the monthly expenses that can be funded. The benefit period and monthly amount choices allow you to choose the right coverage for you.

Simple Application

The short application process allows you to get the coverage you need faster than ever.

Do You Have the Resources Today?

Using Savings

Savings accounts can serve as a temporary safety net, but most people haven't saved enough. A disability policy can provide a longer-term solution. According to the 2014 Consumer Disability Awareness Study, 57 percent surveyed said they had enough savings to pay their bills for 6 months or less.

Collecting Social Security

Because the definition of disability is very strict (the disability must be expected to last 12 months or more, or result in death), 65 percent of all claims submitted are denied. In 2016, the average Social Security benefit amount was $1,166 per month.***

Consider Short-Term Disability Insurance

For additional information on short-term disability insurance or long-term disability insurance, schedule some time with a State Farm agent to talk about your disability insurance needs.


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