If you are a federal employee, then you might have a lot of benefits through your job. One benefit that you probably don't have as a federal employee is short-term disability coverage. Basically, this means that if you aren't able to work for a short period of time because of a disability, you and your income will not be covered. Purchasing federal employee disability insurance is a good idea and is definitely something you should think about. If this is something that you're thinking about, it's important to buy the right policy for these reasons.
You'll Need to Choose a Policy for Federal Employees
First of all, you should know that there is disability insurance coverage out there for people who are not federal employees, but these policies probably will not be right for you. Instead, you'll want to choose a policy that is designed with federal employees in mind. When you're shopping for a policy, it's definitely a good idea to look specifically for a policy for federal employees like you. Luckily, there are a variety of insurance providers who offer these policies.
You'll Want to Be Sure the Policy Will Pay Out
Next, you should be sure that the policy that you purchase will actually pay out if you do find yourself disabled and unable to work. The best way to be sure of this is to purchase a policy from a reputable insurance company that has a good track record for paying out policies when they are supposed to. Of course, if you do find yourself in a situation in which you need your insurance policy to pay out, you should also make sure that you provide the proper documentation to your insurance company. This can help you ensure that your policy pays out like it's supposed to, without delays.
You'll Want to Be Sure You Have Enough Coverage
The whole point of purchasing federal employee disability insurance is so that you can get paid if you are disabled in the short-term and therefore unable to work. You'll probably need this policy so you can cover any loss of income while you are out of work. Since you probably rely on your income, you will need to choose a policy that will provide as much coverage as possible. Make sure that you provide information about how much you make with your job as a federal employee when you sign up for coverage. Then, you can help be sure that you get the amount of coverage that you need and deserve.
Reach out to an insurance company, such as N.A.F.E.B, to learn more.