Overview of Disability Disability, in a broad sense, refers to a condition that limits an individual’s ability to perform certain activities or tasks typical for their age. This can result from a multitude of causes including accidents, chronic illnesses, or other health conditions. For our purposes, we’re primarily focusing on disabilities that affect a person’s […]
The Social Security Administration (SSA) oversees two programs that provide disability benefits to U.S. residents. The Social Security Disability Insurance (SSDI) program pays disability benefits to individuals who have contributed to the Social Security trust through income taxes. The Supplemental Security Income (SSI) program is different in that it provides benefits to disabled individuals who […]
The cost of disability insurance is based on multiple factors. Although similar to other types of insurance, disability insurance has unique differences. The cost of your car insurance is based on how many years you’ve been driving (your age), the value of your car, your driving history and a few other things. The price for […]