How do you get a short term disability insurance policy that covers normal childbirth?
Remember that insurance is designed to protect you against unforeseen hazards. And short term disability policies may cover a variety of unexpected medical events that are common when you are expecting.
The key is that short term disability also covers normal childbirth – a planned event for many growing families. Insurance purchases are for unexpected events, so you must play by the insurers’ rules to make this work.
Read through the first three pages. You can request a personal quote if you want to see how the policies work before asking your employer to offer voluntary benefits. The link can be found on the “Purchase at Right Place” page.
4 Steps to Get Policy for Normal Childbirth
Compare the Cost/Benefit - The short term disability benefit for normal delivery may greatly exceed the premium cost. Plus, additional benefits may be paid for pregnancy complications, postpartum disorders, accidents, and illnesses. There is great value for growing families. But insurers stand to lose a bundle.
Buy at the Right Time - Buy short term disability before getting pregnant, with a three month buffer in case of premature birth. Policies will not pay maternity benefits for normal childbirth that occurs inside a nine or ten month exclusion period from the start date of your program. Getting your policy started may take longer than expected.
Purchase at the Right Place - Purchase your short term disability policy at work. Policies covering normal childbirth are not sold direct to individuals – insurers would quickly go out of business. Individual coverage keeps you in control of your policy, and ensures that benefits will be paid when you deliver your baby. You pay the premium by payroll deduction, so there is no direct cost to your employer to give you this option.
Get A Personal Quote - Request personal rates and benefit illustrations based upon your income, your state of residence, and the industry of your employer. See how much maternity leave income YOU can create from your normal childbirth, and YOUR amount of extra protection just in case. Verify your cost/benefit relationship before asking your employer for voluntary maternity benefits.