Protect your employees in the event of an illness or injury.
Disability insurance protects your employees from a temporary loss of income and is a fundamental part of a quality employee benefits package. We’ll implement a plan structured just for you.
Businesses that pay for a disability insurance plan as part of their employee benefits package often find this to be a great way to recruit staff and make them feel valued.
Disability insurance is designed to pay employees who are unable to work due to illness or injury. Typically, this benefit pays 60 percent of their pre-disability earnings.
When choosing a plan for your employees, you can offer just short-term coverage (which is usually capped at six months) and/or long-term coverage (which runs for several years or even until retirement age).
Disability insurance is different than workers’ compensation insurance (a mandatory insurance program paid for by employers that pays if an employee is injured at work) and social security disability insurance (a government program for people with serious long-term conditions or disabilities who are unable to work).
Want to know more about disability insurance for your employees? Reach out! We’re happy to chat through your options.