Corporateburnout
Thinks s/he gets paid by the post
- Joined
- Sep 30, 2006
- Messages
- 1,743
One of my relatives went on Long Term Disability (LTD) and after a few years the insurance company realized she would not get better, so to save themselves money, they forced her to go on SS disability (which reduced by a lot what the insurance company pays).
+1.
LTD benefits supplements SSDI benefits so if SSDI benefits and other income such as workers compensation benefits are less than 60% of salary the insurance company is on the hook for the balance unless of course a cash settlement is reached.
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