what is the elimination period of an individual disability policy?
Most policies are designed to be most cost-effective with at least a 90-day waiting period. Individual LTD policies usually pay at the end of each month - so if you have a 90-day elimination period, you will not receive your first claim check until the 120th day. You should look at your financial situation to determine how long you can be without an income to decide what elimination period is best for you.