long-term disability insurance helps cover the missed salary for an employee who cannot work due to a qualifying event for an extended period and kick in after short-term disability payments have exhausted their maximum amount of coverage time.
long-term disability insurance coverage benefits vary per plan and is part of the quoting process.
50-70% of the employees’ monthly salary is usually covered, subject to the plan.
The duration of long-term disability benefits does vary per company and which policy you contract. Some long-term disability benefits have a yearly maximum such as 10-years or other have an age at which they expire such as 65 years old.