Long-Term Disability
Long-Term Disability
Long term disability insurance can provide financial security to employees and their families in the event they become disabled due to a covered illness or injury and are unable to return to work for 6 months or longer. Employers are not required to pay a salary to disabled employees; however, their bills for mortgage or rent, groceries, utilities, car payments and even day care and tuition don’t stop. Long term disability insurance can help avoid financial hardship after short-term disability benefits end.
Plan Features:
- Monthly benefit of 60% of regular base earnings to $5,000 maximum
- Benefits are payable to age 65 if disabled, after a 6-month waiting period
- Guaranteed Issue – during initial enrollment period
- Convenience of payroll deducted premium
- Tax free benefit upon receipt
- Premiums are waived when on leave of absence.
Click the link below to download the brochure.