Probably. What does your policy say?
Yes, if your disability insurance policy has a benefit that is integrated with social insurance benefits.Most employer paid disability insurance policies are integrated with social security benefits, because of the lower premium they have to pay. Individual disability insurance plans can be purchased with or without social security integration. Benefits that are not integrated with social security benefits will not be affected whether you apply or not for social security disability benefits.
Yes, the disability insurance payments can be paid on top of any workers comp payments received, if the policy's benefit is not integrated with any supplemental benefits. If your disability insurance policy is integrated with supplemental disability benefits, then the disability payments will be offset dollar for dollar by any mount received from workers comp or social security. That's why when you get a disability insurance policy, it is advised to include all or most of the disability benefit amount as "base benefit" which does not offset by any supplemental benefits received.
Kimberly R. Powell has written: 'Social Security disability insurance' -- subject(s): Disability insurance, Social security
For the disability income insurance run by the Social Security Administration, the elimination period is five months. Source : Insurance Producer
Yes, it is very common for disability insurance plans to include a clause for social security disability, meaning the insurance company will pay a portion of the monthly benefit, expecting that you would apply for social security benefits to pay for the "Supplemental Social Security benefits". In the event you get declined by Social Security, then the insurance company would cover the additional supplemental benefits. Employer group plans as well as individual disability insurance plans can include that clause.
You have to check into Social Security disability, if you don't have your own disability insurance (individual policy, or through your employer); It is recommended that you get your own Disability Insurance policy if your employer does not offer such benefits. Yes, there are disability insurance policies available in Virginia.
form_title=Disability Insurance form_header=Disability insurance will protect your income when you are unable to. Get a policy that will provide security for financial future. Do you currently have any disabilities?= () Yes () No Do you currently have any type of disability insurance?= () Yes () No Who would you like to add as a beneficiary?=_
Harry C Ballantyne has written: 'Long-range projections of Social Security Trust Fund operations in dollars' -- subject(s): Disability Insurance, Insurance, Disability, Old age pensions, Social security, Statistics, Survivors' benefits 'Long-range estimates of Social Security Trust Fund operations in dollars' -- subject(s): Disability Insurance, Insurance, Disability, Old age pensions, Social security, Statistics, Survivors' benefits
Thats where the money comes from to pay you social security.
Go to the SSA gov website and choose DISABILITY at the top in the middle of the page Social Security Disability Insurance Program Apply for disability benefits Apply Online for Disability Benefits