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Considerations |
Maternity Leave Income for Normal DeliveryShort term disability insurance helps you create maternity leave pay. Your maternity leave should be a time of great happiness, as you and your newborn child have a chance to bond. Don't let financial concerns rob you of the joy.
You have a once-in-a-lifetime-opportunity to buy insurance that covers a planned event: your normal labor and delivery! Plus, you get coverage for unplanned medical events at no additional cost. Don’t miss out on this important benefit. Read below to see how this works. Keep in mind that only a handful of insurance carriers offer coverage for normal delivery. You have to play by their rules in order to benefit. We show you how to get coverage.
Short Term Disability Creates Maternity Leave IncomeShort term disability insurance for maternity leave allows gives you an incentive to get coverage: your planned normal labor and delivery is a covered benefit. Your benefit for normal delivery may greatly exceed the premium you may pay, helping you create maternity leave income. Short-term disability pays a six-week benefit for a vaginal delivery, and an eight-week benefit for a c-section delivery, less the elimination period. The elimination period is the length of time you are disabled before benefits begin being paid. Most policies contain either a one or two week elimination period. Let’s take a look at an example. Suppose you work as a nurse in Texas earning $54,000 per year.
Your monthly premiums may be a fraction of your benefit for normal delivery; provided you get short term disabillity at the right time, and in the right place. |
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