Extended absences from work due to disability during and after maternity have become an ever-increasing occurrence. According to a 2002 study, 29% of short term disabilities (180 days or less) and 12% of long-term disabilities are due to pregnancy. Pregnancy disability can turn a wonderful, life-changing experience into a serious financial challenge when Mom is out of work for months before and/or after the maternity period. Disability Income insurance can provide needed cash in the absence or a regular work scheduled because of a maternity disability. Many corporations offer paid leave benefits to employees that provide full pay for up to 3 months after delivery. Complications that cause the employee to be out of work before delivery or beyond the maternity leave period after delivery can cause the household to lose cash flow for months or longer. Maternity disability can be planned Cheap Wedding Invitations for with individual short term disability insurance that can commonly provide up to 70% of regular income while Mom is not able to work due to illness or injury for 3-6 months. Long-term disability insurance kicks in after the short-term benefits expire and can provide income protection for up to five years or longer. In fact, long term disability insurance policies commonly pay benefits until age 65 to ensure income in the event of a permanent disability such as if a dentist was to lose the use of a hand or eye. Future Moms often rely on employee-sponsored group disability insurance. Group disability can provide benefits up to 60% of regular income. However, benefits from group policies are taxed as regular income, reducing actual benefits to roughly 42% income. Employer policies also commonly come with a bevy of exceptions and limitations that can reduce or eliminate benefits altogether.
