How Much Does Short Term Disability Insurance Cost? 
There are five primary factors that determine what a short term disability policy may cost : monthly benefit amount , elimination period , payment duration , your age , and industry of your employer . You may qualify for up to two thirds of your gross income , up to a hard dollar monthly cap . The higher the monthly benefit , the higher the premium cost . The elimination period describes how quickly benefit payments begin after becoming disabled . Shorter elimination periods cost more than longer ones . Payment duration describes how long payments continue . A shorter payment duration cost less than a longer one . Policies cost less for younger applicants . Rates are often based upon the industry of your primary employer . Applicants working in low risk industries pay less than those in high risk industries . 