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Understanding the Difference Between Short Term and Long Term Disability Insurance

Understanding the Difference Between Short Term and Long Term Disability Insurance

Navigating the complexities of disability insurance can be overwhelming, but understanding the differences between short vs long term disability is key to securing your financial future in times of need.
Admittedly, this type of coverage provides a crucial safety net, offering financial assistance if you’re unable to work due to illness or injury. At first glance, the distinctions are quite straightforward. Short term disability insurance and long term disability insurance serve different purposes, each with unique benefit periods and terms.

Pecuniary and Non-Pecuniary Damages: What Is the Difference?

Pecuniary and Non-Pecuniary Damages: What Is the Difference?

The goal of a personal injury lawsuit is to make the victim “whole” again—that is, to provide them with the financial resources they’ll need to undo as many of the effects of their injuries as possible. Complicating this goal, though, is the fact that not all of these effects have an obvious, quantifiable value. To address this, two primary categories of compensatory damages exist: pecuniary and non-pecuniary. Here’s what you need to know about these terms and how they could affect your personal injury suit.