STD provides financial assistance if you are
unable to work due to an illness or injury.
STD can provide monthly payments, usually for up to six months,
to cover expenses such as medical bills.
STD policies are most commonly purchased as individual policies,
but some employers offer them as a benefit.
STD policies vary in terms of coverage and cost, so it
is important to compare different policies before buying.
Generally, the premium cost is based on your age,
health condition, and occupation.
When you are unable to work, STD policies can
help you pay for medical bills and other expenses.
Some policies may provide additional
benefits such as counseling and job retraining assistance.
If needed, long-term disability insurance can also provide
financial assistance for a longer period.
Be sure to read the fine print carefully when purchasing
any policy to make sure you understand all the details.
Finding the right policy can help you protect your income and
your family in case of unexpected illness or injury.