Long Term Disability vs Short Term Disability
The two main types of disability insurance are short-term disability (STD) and long-term disability (LTD) and no increase in your premiums, even if your health changes.
Long-term disability insurance is coverage intended to protect your income if you are unable to work due to illness or injury. While short-term disability insurance usually lasts a maximum of two years, long-term coverage can often last five or 10 years, if not all the way through to your retirement.