When to Buy Disability for Pregnancy
Buy Short Term Disability Preconception
Buying short term disability insurance, means buying coverage at the right time. Buying coverage too early translates into less maternity leave pay: your higher costs eat into your fixed benefit for normal delivery. Buy coverage too late and your pregnancy will not be covered.
Scan through the chart at the bottom of the page for a graphical perspective.
Build in Time for Delays
Many women visit our site expecting they can start a policy by completing an insurance application over the web, or with a paper application mailed to them at home. The expectation is they complete some paperwork, send in a monthly check, and coverage for normal pregnancy is in place.
Sounds simple and easy right?
If only it were that easy. Take the time to compare the premium cost paid to the insurer to the projected maternity payments the insurer makes back to you in return. It will help you understand why insurers only sell policies covering normal pregnancy through worksite groups.
Getting your employer to offer an employee paid option is fairly easy, but takes extra steps, and often causes delays that are out of your control and ours. Build in extra time needed to get your employer on board, the educate your co-workers, and capture their election choices in addition to yours.
Buying Short Term Disability Insurance at the Ideal Time
Buy short term disability insurance at the ideal time: about three months before you conceive. This allows you to create maternity leave pay while also protecting your family in case of unexpected medical conditions that may disrupt your ability to work.