Where will the money come from?

Disability Insurance

Long-term disability coverage is without question the most important coverage an employee can have. Disability strikes working people far more often than premature death.

A 20-year-old man is about 3 times more likely to be disabled for at least 90 days than to die prematurely before the age of 65. Furthermore, if a disability lasts at least 90 days, it is likely to last on average three years or more for a 35-year-old, four years or more for a 45-year-old.

Employees are aware of the consequences that would befall their families if this coverage was not provided under a benefit and compensation arrangement.

Critical Underwriting Methods

There are unpredictable events that few organizations can assume the risk of.  Insurance coverage for Long Term Disability ensures employees that the money will come from a plan that covers at least the basic needs and requirements of their families should one of these unpredictable events occur.

Careful attention to the wording in a contract of insurance is needed to ensure your employees will receive benefits when they need it most.

Short Term disability covers employees for a known amount for a known period of time. These claims may be insured (pooled) or self-insured depending on the size of your group and the stability of a groups claims experience.