My husband and I are starting to plan for our 1st pregnancy in the upcoming year and I am the main income source.
My current employer does not offer STD.
I have a LTD own occ policy w Guardian-90 day elimination period; my insurance agents comment is "Guardian's individual disability product would cover complications of pregnancy provided that the elimination period and definition of disability are both satisfied (the inability to perform one's material and substantial job duties solely due to injury or sickness). This would not include maternity leave from a normal pregnancy."
I have a 3 month emergency fund but I am wondering if I need to bother getting a personal STD policy in addition or if that's just overkill planning?
Also, are there any other aspects of financial planning I should consider for the upcoming year?
Thanks for your input!
My current employer does not offer STD.
I have a LTD own occ policy w Guardian-90 day elimination period; my insurance agents comment is "Guardian's individual disability product would cover complications of pregnancy provided that the elimination period and definition of disability are both satisfied (the inability to perform one's material and substantial job duties solely due to injury or sickness). This would not include maternity leave from a normal pregnancy."
I have a 3 month emergency fund but I am wondering if I need to bother getting a personal STD policy in addition or if that's just overkill planning?
Also, are there any other aspects of financial planning I should consider for the upcoming year?
Thanks for your input!
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