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| *Loan,banking and credit>>>disability insurance |
If disability is paid by an Insurance Co. can individual still seek part-time work without loosing benefits? |
Disability payments are paid by MY insurance co. not by the state. Can I get a part-time job that pays about $150.00 weekly without losing my short-term disability benefit? My state is CO. NO! Only if you want insurance fraud charges filed against you. If you have any kind of job your benefits will stop. depends on insurance. read policy. this is not a thing where you want to do it and ask for forgiveness. you can not only lose your benefits but be made to pay back what you drew while working. Some companies will say if you can work at all your not disabled. Others say that you are disabled if you can't do a job in your trained area. Others say you can earn a certain amount per month but it can not be enough to live on alone. Warning --- rules for the same company can change from when you are on short term to when your on long term. The company I had mine though on short term you were considered disabled if you could not do your job. but when you went to long term you could not do any job. so even if they say yea you can work now what happens if you go to long term. They may use it against you. I was on short term twice then long term and finally got social security disability. good luck Personal experience Nope. The point of being on disability is that you cannot work. If you can work... you aren't disabled. Many ins companies will send their ISU departments out to watch you and see if you are working or if you are really disabled. If they find you working, many companies will prosocute you for insurance companies. Penalties could include legal fees, fines, jail time, policy cancellation, and recouping the money that had previously been paid to you. All-lines adjuster in TX This depends on your policy. Some disabilty insurance provide partial benefits depending on how your personal physician decides. Also -- some policies (rarely) will pay if you are disabled to do your own job, but you may be able to work in another job. and still recieve benefits. Example: A surgeon loses the use of one of their hands and is unable to continue to do surgery. They decide to change careers and be a teacher. They would recieve some insurance benefits. My suggestion is to speak to your Disabilty insurance agent. |
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