{"id":6838,"date":"2023-05-16T14:27:16","date_gmt":"2023-05-16T19:27:16","guid":{"rendered":"https:\/\/www.nickortizlaw.com\/?p=6838"},"modified":"2023-08-10T10:52:52","modified_gmt":"2023-08-10T15:52:52","slug":"what-is-the-elimination-period-in-an-ltd-claim","status":"publish","type":"post","link":"https:\/\/www.nickortizlaw.com\/what-is-the-elimination-period-in-an-ltd-claim\/","title":{"rendered":"What Is the Elimination Period in a Long Term Disability Claim?"},"content":{"rendered":"
If you’re looking into long-term disability<\/a> or individual disability insurance<\/a>, you may have come across the term “elimination period.” This is an important concept to understand as it can affect when you will receive benefits if you become disabled. In this article, we will explain what the elimination period in a long term disability claim is and how it works.<\/p>\n An elimination period is the amount of time you must wait after becoming disabled before you receive long-term disability benefits. This period is also sometimes called the waiting period<\/strong> or the qualifying period<\/strong>. It’s like a deductible<\/strong> in that it’s a period of time you must satisfy or “pay” before your benefits kick in.<\/p>\n The length of time varies depending on your insurance policy. It’s typically measured in days or weeks and can range from 30 days to a year or more. Most of the policies we see have a 180-day elimination period.<\/p>\n During this period, you’ll need to rely on other sources of income, such as sick leave or short-term disability benefits. Once the wait is over, if you are still unable to work due to your disability, you will receive benefit payments. The amount of benefits you receive will depend on your policy’s terms and conditions.<\/p>\nWhat is an Elimination Period?<\/h2>\n
How Does It Work?<\/h2>\n
Why Do Insurance Companies Have Elimination Periods?<\/h2>\n