Short Term Disability/Aflac

[dvcgirl]

I agree. Even 3 months of NO INCOME would put most families into bankrupcy.We looked at it this way: the chances of having to be out of work for 12wks due to illness or injury in any given year is a lot higher than the chances of actually dying outright at our age.
And in fact, I have been injured once and ill twice already in the last 6 months and have been out of work a total of 9wks! Thankfully, my DH is also working but if I were the main breadwinner we would have been in deep
doo-doo.

Long term disability...yes, I'm with you. You are much more likely to be disabled (short or longterm) in your life than you are to collect on that term life insurance policy. We have a very good long term disability policy on my DH...and it is expensive. But if, God forbid he is disabled, this pays us 60% of his income....for life. He currently has short term disability through his employer, but he tends to change jobs/opportunities and so there are times that we are without that. But that's what our emergency fund is for.....and why it's a good idea to have at least three months of living expenses in a liquid account.

 

[mamalle]

wish I could get it. we already have the cancer and accidental and they are a godsent. I was in a car accident in dec and they have paid $35 towards each appt with the doctor and PT appt- along with the MRI and $120 for the ER visit. Im a per diem employee and cannot get the disability.

 

[wide awake]

Have you looked into a longer policy and a little less $$ per month w/ AFLAC...I say that because as teachers lots of times we're ahead in days earned/days paid. I have AFLAC short term disability but mine is for two years...I figured I'd need that much time for CalSTRs to kick in w/ the forever policy...I don't pay out of pocket because I have loads of benefit money left over...but you may want to talk to your AFLAC person, look at how your district structures pay, and see if you can get 6-12 months coverage w/ about the same premium.