What is Long-Term Disability?

If you have been injured at work, you may be eligible for long-term disability insurance. Unlike workers' compensation benefits, these benefits must be offered by your employer, and not all employers offer the same plan. For those who are self-employed, it may be a good idea to buy LTD coverage in case you are hurt during the course of a job.

In the event that you are eligible for long-term disability, it may be worthwhile to hire an attorney. An attorney will make sure that you have seen a doctor and have taken other steps to establish that you were hurt at work and that you have a legitimate injury. You should also make sure that you file your claim within two years of your injury, as that is the statute of limitations in most Massachusetts LTD cases.

Your LTD benefits can help you pay a number of bills that you may have. For instance, these benefits may ensure that you can pay your mortgage or your rent, which enables you to keep a roof over your head. Your monthly payment may also make it possible to buy groceries, pay your medical bills and make your car payment on time.

The amount that you receive will depend on the terms of the plan and how many dependents that you have. You are more likely to get a larger monthly payment if you have kids or others who you have an obligation to support with your income.