What characteristic do short term disability plans have?

Short-term disability plans are typically non-renewable in nature. This means that the coverage duration is predetermined and limited, generally ranging from a few months to a year. Once the coverage period ends, the insured cannot simply extend or renew the existing policy. Instead, the insured would need to apply for a new policy if they desire further coverage after the short-term disability plan has reached its limit. This characteristic distinguishes short-term disability plans from other types of insurance that may allow for renewal or conversion options.

In contrast, renewable policies are those that can be extended beyond the initial term, while convertable policies allow the insured to switch to a different type of coverage without undergoing additional underwriting. Non-cancellable policies provide coverage that the insurer cannot cancel; however, this is not typically a feature of short-term disability plans.