Group Disability Insurance
If you’re an employer looking for a low-cost alternative to individual disability insurance and your office has 10 to 499 employees, then group disability insurance may be an option. Group disability plans typically provide the disabled employee with up to 70 percent of pre-disability income (to a specified maximum). Coverage is available for both short and long term disabilities and often without medical evidence of insurability. Group disability insurance helps attract and retain quality employees and is tax deductible to the business.
Long Term Group Disability Insurance
Provides monthly benefits for employees who are totally or partially disabled by a covered injury or illness.
Short Term Group Disability Insurance
Provides weekly benefits for employees who are totally or partially disabled by a covered injury, illness, pregnancy or mental disorder.