Disability Health Insurance

Disability insurance enables you to ensure income –either full or portion – even when you can not work owing to your injury or prolonged sickness. This is considered to be an important coverage especially for working people. However, disability insurance does not cater for providing rehabilitation costs. This aspect can be covered under your major medical insurance. There are many companies that offer disability insurance plan to their employees. You may also be eligible to acquire a government sponsor disability insurance plan.
Disability Insurance: Employee benefits

To ensure more benefits to an employee serving in state-government officers and private sector companies, many states in U.S. have issued guide line to employers to provide disability insurance coverage to its employees. There are other insurance programs which provide you protection against disability losses caused to you due to sickness not related with your job. Disability plans offered by various employers provide you coverage for disability that has developed due to injury or illness on the job.

Following are some benefits you are eligible to get if you have participated in the insurance plan which covers disability aspect.

* Compensation for disability: This is granted to disabled individuals if the injury or illness, which rendered them as disabled, is related to their job. However, some employers and insurance companies have set a cap of certain percentage (like 10% or more) for granting this compensation. This compensation is applicable in all types of disablements like mental disorders, physical injuries and post traumatic stress disorder etc.
* Disability Pension: The employer has to pay equal amount of the individual’s annual income, in 12 equal installments, to the disabled individual or his family on monthly basis. In some cases the amount is decided on the basis of length of service and percentage of disablement. In some states veterans who are of more than 65 year’s age and have no source of income are also eligible for disability pension.


for details visit
http://www.healthinsurancedesk.com/healthinsurance-disability.htm

posted by srikanth.....july29