Let’s say you suddenly fell ill or suffered an injury that prevented you from working and earning a salary. Would you be able to stay afloat with money from your emergency fund for three months, six months, 12 months or even longer? If the answer to this question is no, …
Read More »Monthly Archives: October 2019
4 Disability Insurance Details Doctors Often Forget
Compared to other professionals, physicians generally have a good understanding of the critical importance that disability insurance plays in their overall plans for well-being and financial security. But the research of AMA Insurance Agency finds that there are details about disability insurance — those that can have a big impact …
Read More »130-week ceiling on temporary disability benefits – Implementation of the reform in April 2017 | Chartwell Law
Important reforms to the Workers’ Compensation Act (WCL) enacted as part of the 2017-18 New York Executive Budget, effective April 10, 2017, included the imposition of a 130-week cap on benefits. temporary disability. Specifically, the reform legislation amended WCL § 15 (3) (w) to provide self-insured carriers and employers (hereinafter …
Read More »Self-employment makes disability insurance absolutely crucial
The author is not represented. 10,000 hours / Getty Images One thing I hadn’t planned on studying when I became a full-time freelance writer was disability insurance. Of course, I knew it was important to get my financial papers in order – I took out a life insurance policy and …
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