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	<title>New answer on: How Much Does Short Term Disability Insurance Cost?</title>

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		<title>By: Kevin Haney</title>

		<link>https://www.insurancelibrary.com/disability-insurance/how-much-does-short-term-disability-insurance-cost</link>

		<dc:creator>Kevin Haney</dc:creator>

		<pubDate>Mon, 11 Aug 2014 12:28:55 +0000</pubDate>

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		<description><![CDATA[There are five primary factors that determine what a short term disability policy may cost: monthly benefit amount, elimination period, payment duration, your age, and industry of your employer. 

You may qualify for up to two thirds of your gross income, up to a hard dollar monthly cap. The higher the monthly benefit, the higher the premium cost. The elimination period describes how quickly benefit payments begin after becoming disabled. Shorter elimination periods cost more than longer ones. Payment duration describes how long payments continue. A shorter payment duration cost less than a longer one. Policies cost less for younger applicants. 

Rates are often based upon the industry of your primary employer. Applicants working in low risk industries pay less than those in high risk industries.]]></description>

		

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