Disability & Social Security
Most people rightfully assume that they will work throughout their life until retirement. However, you may encounter health problems or injuries that limit your ability to maintain employment. Social Security Disability and private Disability Insurance policies can protect you from financial problems in the unfortunate event that you become unable to work due to health or injury.
AFS can help you navigate your disability claims and provide additional resources. To make an appointment with an attorney, call our office at (512) 245-2370. Be sure to have your student ID # (ex: A01234567) available to schedule an appointment.
Social Security Disability (SSD)
This type of coverage pays benefits to people who cannot work because they have a medical condition that is expected to last at least one year or result in death. Federal law requires this very strict definition of disability. While some programs give money to people with partial disability or short-term disability, Social Security does not. For more information, including qualifications and applications, visit the SSD website.
Private Disability Insurance
Insurance companies offer a variety of disability policies to protect workers from loss of earning due to extended illness or injury. Private policies can be costly but may be worthwhile purchases if illness runs in your family or you expect to have complications later in life from injuries sustained early in life.
Short-Term Disability policies generally provide benefits for up to six months to workers suffering injuries or recovering from illness.
Example: Person suffered a stroke and needs four months of physical therapy before they can return to work. Short-term coverage would pay them their normal salary and cover the bills for that four-month gap.
Long-Term Disability policies protect people who have been permanently injured or are too sick to ever return to work. This policy provides all or most of a person's annual salary for a fixed period of time.
Example: A person suffers a stroke and is left paralyzed from the neck down. This person can no longer work or afford to pay their bills. Long-Term Disability insurance may be able to pay off the remainder of a mortgage, cover cost of living, and replace their annual salary for years to come