Accidents, illnesses and debilitating conditions can strike without warning. In fact, the risk of becoming disabled is greater than many people think.
1 in 4 of today's 20 year-olds will become disabled before they retire1.
Offer your employees protection with short- and long-term disability insurance.
Short-term disability insurance pays a percentage of an employee's salary for a specified amount of time, if they cannot perform the duties of their job.
Coverage usually starts anywhere from one to 14 days after a covered employee suffers a condition that leaves him or her unable to work.
A typical short-term disability insurance benefits package may include:
Disability insurance requirements vary by state. It's important to be familiar with the laws that may apply to your business.
When an employee cannot work for an extended period, a long-term disability insurance plan can help cover a portion of their missed salary.
Long-term disability insurance usually begins after a short-term disability policy has reached its end:
Disability insurance helps address basic needs and allow employees to recover without the added stress of missed paychecks.
Some types of disability insurance can be made available to employees at no cost to the employer. Consult your agent to learn more.
At Automatic Data Processing Insurance Agency, Inc. (ADPIA) can help, we offer access to disability insurance coverage. By connecting you with nationally recognized carriers to provide cost-effective options customized to meet the needs of your business.
1Source: www.disabilitycanhappen.org
