- Oct 28, 2001
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Short Term - $216 per year. Most it would pay out is $1000 per week, for up to 8 weeks. 30 day waiting period.Originally posted by MrLuckey
What does your short term cost per month Smit? Damn, at the low rates I pay it'd take tens of years to build up a 1 month nest egg with only my short term disability savings.
Long Term - $5.04 per year. Most it would pay out is 50% of monthly income, up to max of $6000 per month. 90 day waiting period.
Either way a nest egg is an absolute necessity to get through any type of layup longer than 4-5 weeks.
I guess I figure that either I'll get hurt only enough to be out less than 3-4 weeks, or it's really serious and I'll be tapping into my long term coverage.
My out-of-pocket benefit costs went up 63% last year, so I chose to ditch the short term coverage.
Hope I never need it... :|
And Ivan, your coverage is VERY good.... appreciate what you have!
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