Employee Benefit Guidance & Compliance Solutions

Disability

Disability

Disability

Group disability insurance protects one of an employee’s most valuable assets – the ability to earn an income when he or she is too ill or injured to work. Offering Disability Income Insurance to your employees is not only a smart move but also a great way to enhance your employee benefits package. It helps you:

  • Employee financial security
  • Employee job satisfaction
  • Positive employee relationships
  • Attract and retain top talent

Availability of options may vary by state.

 

Short Term Disability (STD)

STD plans provide a weekly benefit to covered employees who become disabled due to an injury, sickness or pregnancy. These plans can help your employees manage their household costs by providing up to 60% of their income while they are temporarily disabled.

How Brian’s plan paid off

Brian was unable to work because he broke his ankle while playing basketball. Because he needed surgery, he was kept away from work for several weeks. Because Brian had signed up for Short Term Disability through work, he received portion of his lost income.

Annual Salary: $36,140
Gross weekly earnings: $695
Weekly Benefit: $417

Brian used money to help pay for

Rent
Car payment
Cell phone bill

For illustrative purposes only. Coverage plans may vary. Benefits may be taxable depending on who pays for the coverage.

 

Did you know?


Unum internal data, 2012. Note: Causes are listed in ranked order.

 

Long Term Disability (LTD)

Serious illnesses or accidents can come out of nowhere. They can interrupt your employee’s life, and their ability to work for months ─ even years. Long term disability can help them pay up to 60% of their income, so they have financial support to manage their disability and their household.

Picture guy painting ceiling.

Jared was cleaning leaves out of his gutter, when he fell off the ladder and hurt his back. A trip to the ER confirmed he had four herniated discs and would need intensive physical therapy before he could return to work. Jared’s long term disability insurance paid a percentage of his lost income, while he worked to regain his strength.

For illustrative purposes only. Coverage plans may vary. Benefits may be taxable depending on who pays for the coverage.

 

Did you know?


Unum internal data, 2012. Note: Causes are listed in ranked order.

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