Disability insurance and social security

by evan » Mon Jul 04, 2005 09:24 am
Posts: 1276
Joined: 01 May 2005

Hi everybody,
I would like to ask, For whom the disability insurance is designed and whether it is covered by social security or not?
Any help will be highly appreciable.
Regards
evan.

Total Comments: 6

Posted: Mon Jul 04, 2005 09:50 am Post Subject: Disability insurance and social security

In the US, social security provides ‘retirement income, health care for the aged, and disability coverage for eligible workers and their dependents'. Disability insurance gives you protection in two ways: such as when you are not able to work in your profession and when the occupation is not gainful you are working at which is more than what a social security covers . People need disability insurance depending on the risk factors related to their works. For example it is more important for a mason to be insured under this scheme, rather than an intellect worker. Well, mental disability is a matter of concern.
Regards
Jeorge.

Posted: Sun Mar 29, 2009 05:01 am Post Subject:

hmm, i thought this should be under the disability insurance forum?

Posted: Mon Apr 06, 2009 11:08 am Post Subject:

It is income paid to you weekly or monthly when you can’t work because of sickness or injury. The pay out provided may be stated as a percentage of income or as a set dollar amount. The policy defines how much you will be paid, how soon after you are disabled payments appear in your mailbox, and when they will cease. Benefits periods may depend on whether the disability was caused by an accident or illness. The longer the benefit period, the higher the premium will be.

There many different kinds of disability contracts. Some plans are available from your employer through its group health package and from private insurers. There are also various public sector programs including Social Security and some State Disability Insurance programs. Veterans, members of the armed forces, federal civil servants and coal miners are also covered by federally-sponsored programs.

Injuries or sickness as a result of your employment may also be covered by worker’s compensation
Social Security Disability Insurance pays benefits to you and certain members of your family if you are "insured," meaning that you worked long enough and paid Social Security taxes.

Supplemental Security Income pays benefits based on financial need.

Posted: Sun May 22, 2011 12:02 pm Post Subject: BHSVSEiIaYlxGzP

Disability socialsecurity.. Great! :)

Posted: Sun May 22, 2011 04:16 pm Post Subject: insurance

MODS................whoever is making this senseless comments, on the Insurance Forum, I believe is the person who is making comments on other Forums, as well.

Posted: Fri Jun 03, 2011 11:43 am Post Subject: LkqbPaSTZlb

Disability socialsecurity.. Tiptop :)

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