This article discusses long-term disability insurance, highlighting the necessity of this coverage considering that based on The Council of Disability Awareness, one in four people could experience a disability during their workforce years. The article explains various aspects of long-term disability insurance such as the types of injuries or illnesses it covers, the benefits duration, as well as the application process.

Moreover, it compares long-term and short-term disability insurance, advising potential policyholders to have both insurance types concurrently to prevent coverage gaps. It also emphasizes the importance of long-term disability insurance as a safety net in protecting income, especially important for those without adequate savings or other means to cover everyday expenses in case of debilitating injuries or illnesses.

In terms of securing long-term disability insurance, the article suggests checking if such coverage is included in the employment benefits package. However, if it is not, or if additional coverage is required, individuals can independently purchase a policy through an agent or broker.

In conclusion, being equipped with comprehensive knowledge about long-term disability insurance increases one’s preparedness when incapacitating injuries or illnesses occur. Ensuring sufficient coverage is a critical aspect of personal financial planning. For further inquiries on this topic or to reach the Employment Development Department of California, check out relevant resources on eddcaller.com, which offers solutions on how to get a hold of edd customer service. This site greatly assists in navigating through various aspects of unemployment insurance, disability insurance, and paid family leave.