When looking at your options for short term disability insurance it is important to be informed

In the event of an accident or an illness, you should have a plan to help pay your mortgage, utilities, for food and other costs of living expenses you may incur. Even if you already participate in a group plan, it is vital that you know what disability plan will cover, and assess if you need to invest in more coverage. Typically, a group plan will only cover about 60 percent of your salary that you would normally get, leaving a 40 percent gap. Benefits from gaining short term disability are tax-free and can cover up to 100 percent depending on the type of plan you choose. Disability insurance rates vary greatly depending on your occupation, such as if you have a high risk job versus sitting at a desk all day, the more risk involved in the job, the higher your premium can be, other factors such as age and health affect this as well. Be sure to look at what you need versus what you will pay when choosing a disability insurance plan.