Group Short & Long Term Disability

Most insurance companies will provide a benefit of 50 to 75% of the employee's current income. Employer provided income protection consists of two distinct types of plans:

Short Term Disability Plans - provide benefits for a limited period of time, usually 13 or 26 weeks, if an employee is unable to work because of an accident or sickness. The waiting period before benefits begin ranges from 1-7 days.

Long Term Disability Plans - provides extended benefits  (possibly for life) after an employee has been disabled for a period of time (frequently 3-6 months).

Disability insurance can be an important part of your employee compensation package.