*Welcome to Pars Financials! As a Licensed Life and Health Insurance Agent, and IRS Enrolled Agent, I am Here to Assist You Find the Most Suitable Health and Life Product for You! You Can Call me at 954-657-1503 or Fill out the Below Contact Form at Bottom of the Page.
What is a Short-Term Disability Plan?
Short-Term Disability Plan is one Type of the Indemnity Plans, which reimburses the Individual for an Accident in form of a Cash Payment. Short-term Disability Plan, Depending on Your Average Income and Coverage Tier, Compensate You Monthly up to Two Third of Your Income for a Period of Six Month Maximum TAX-FREE!
What is an Indemnity Plan?
Before Beginning, You have to Know Understand that Indemnity Plans are NOT a Health Insurance. When you Have a Health Insurance, Your Insurance will Reimburse Your Doctor, or Pharmacy for a Medical Services Offered to You.
An Indemnity plan Reimburses You , the Patient a Sum of Money based on the Schedule of Payments for Each Medical Service You Received.
That being Said, In case of a Short-term Disability Plan, If You End up Having a Short-Term Disability, You will File a Claim with Doctor’s Note, and You will Get a Sum of Money.
—->>> Short-term Disability Plan, Depending on Your Average Income and Coverage Tier, Compensate You Monthly up to Two Third of Your Income for a Period of Six Month Maximum TAX-FREE!
Why Should I Get a Short-Term Disability Plan?
In the Event of a Disability, You Have to Remember that Your Health Insurance Only Pays the Provider and Leaves You with No Money for the Time You Missed Out at Work and to Pay Your Bills, because of Your Injury. The Short-Term Disability Provides You with an Ongoing Monthly Payment to Supplement Your Loss of Income. You Can Use the Cash Payment for any Way You Deem, from Medical Fees to Anything Else.
What Qualifies as a Short-Term Disability?
A Short-Term Disability Typically is an Injury that for a Short-Period Prevents You from Having Work-Functionality, Causing Loss of Income. Whether It Is Two Weeks, Two Months, and You Get Covered by a Payment which is Tax Free up to Six Months Depending on the Length of Your Short-Term Disability.
