California Disability Insurance

In today's society with a down-spiraling economy, it is important to have disability insurance. California disability insurance is easy to buy, and can cover a wide range of options for which type you want to acquire. The state of California disability insurance offers different terms and plans that should be considered when you purchase the insurance.

Disability insurance is insurance you keep in the event that you are unable to work. Whether it is long term or short term, California has companies that will set you up with a plan. Usually you get disability insurance through your employer, after you have worked there for a specific number of months. It is known as a service wait, which your employer makes you wait through before you are eligible for disability insurance.

Short term disability covers you short a short number of months, usually up to twelve months, where you might be out of work. If a small injury would occur and you were unable to work, a wage compensation would be given to you each month.

How much you receive is based on a percentage of the income you were receiving prior to injury. Rates for short term disability, depending on your plan, could be as low as $14.00 per month.

Long term disability covers you if you are unable to work for more than twelve months. If you are injured to an extent that you will not be healed anytime soon, long term disability covers you until you better. Rates for long term disability coverage, depending upon your plan, can be as low as $65.00 per month.

When you become injured, you have to file a California disability insurance claim. This is a claim that you make explaining what happened to you and why you need to start collecting disability. This is to document the date in which you stopped working, and to make sure you are eligible to start receiving your compensation.

When you never know what may happen to you tomorrow, having disability insurance in California is a good thing to have if you are a resident there. Whether you think you only need short term or you need long term, having some type of insurance will be beneficial incase somewhere were to occur. While you will not receive your full pay, you will in most cases receive around 80% of the salary you were making prior to injury.