If your circumstances change and you're unable to work, do you have enough savings to keep you going? Click here to find out your options for getting paid.

Can You Still Get Paid If You’re Unable to Work?

Did you know that at least 5.941 million Americans are unemployed?

The actual figure may be even higher, and jobs are harder to find now than ever. But the main question on everybody’s mind is: “can you still get paid if you’re unable to work?” 

If you find yourself unable to go to work, you’re naturally worried about your upcoming bills. We’re here to explain the situation and what you can do to help yourself financially, through unemployment benefits and other means.

Read on for everything you need to know about financial benefits if you’re unable to work.

Income Sources When You’re Unable to Work

One day, your physical condition may stop you from performing your job. This can be distressing for a variety of reasons. Most individuals find managing their finances difficult even when things are going well.

If you’re unable to work due to illness or an accident, you may wish to enlist the help of someone you trust to explore financial resources and possibilities.

Workers’ Compensation Benefits

If you have experienced considerable psychological and/or emotional hardship as a result of a traumatic accident at work, and your employer is a member of a workman’s comp plan, you may be eligible for loss of earnings payments.

Check out local and state resources for more information about local workers’ compensation schemes.

Personal Loans

A personal loan is a type of lending that can make purchases or pay off high-interest debt.

Personal loans can be used to combine various credit card bills into a monthly payment because they often offer lower interest rates than credit cards. You must be careful relying on a personal loan when unable to work. Intrest can spiral and get you into trouble.

Reasonable Accommodation

Reasonable accommodation means any adjustment or alteration to a job or work environment that allows a disabled applicant or employee to partake in the job application process, perform duties, or enjoy benefits and privileges of employment comparable to those given to employees without disabilities. This includes all unemployment benefits.

Income Insurance

Income protection insurance can hedge your lost income based on your previous year’s wages.

Before a claim can be filed, each income protection insurance has its own definition of disability which must be met. If you have income insurance, you can focus on adjusting to your new lifestyle and recovering rather than worrying about how you’ll pay your next utility payment.

Your payment will be paid weekly, monthly, or yearly for the duration of your policy. Check out Asteya for a reliable income insurance service that you can trust.

Unable to Work? What Comes Next

Being unable to work can put a lot of financial stress on you. On top of your physical ailments, financial woes can add to your anguish and hamper your recovery.

We hope this guide has shown some clarity on the issue and put you in better stead to move forward.

If this article helped you, check out the rest of our blog for other topics and discussions.

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