Disability Insurance

Loss of income is one of the most significant risks facing any employee. The average American worker does not have more than $1,000.00 set aside for an emergency. Even a short-term loss due to an accident or extended illness can cause significant financial problems. Disability insurance, sometimes called paycheck protection, is an excellent way to help your employees be protected.

Long-Term Disability (LTD)

Long-Term Disability (LTD) insurance protects employees and their families from the catastrophic long-term or even permanent loss of income of the employee become unable to work because of illness or injury. The plans are designed to replace up to 60% of the employee’s wages when a disability occurs and continues for a long period of time. LTD policies typically begin paying benefits after 90 or 180 days of disability and may continue for up to 5 years or, in some cases, until the policyholder reaches Social Security retirement age. Let us work with you to determine the best options for your team.

Short-Term Disability (STD)

Short Term Disability (STD) insurance is designed to replace a portion of the wages lost when a short-term disability occurs. In most cases STD policies become effective within days of an accident or an illness that prevents and employee from working and continue coverage for 3 to 6 months. We can help you develop an affordable plan that provides flexible options for you and your employees. While employer paid STD plans are common, we can also offer solutions for STD plans that are 100% employee funded.