In the event that an accident or illness prevents an employee from working for an extended period of time, the financial impact can be severe for the employee and employers. Long term disability (LTD) insurance is designed to replace a percentage of the disabled employee’s income to help cover the employee’s expenses while their regular income is interrupted. Flexible plan design options and benefit alternatives are available to meet specific needs. Our employee benefit specialist can advise the employer how to make this valuable benefit tax-free during a period of disability. This valuable protection is available with low-cost, tax-deductible premiums.
Short-Term Disability (STD)
A steady income is essential for most people. If an accident or illness interrupts that income, it affects both the employee and employer. short term disability (STD) insurance is designed to replace a portion of the wages lost when a short term disability occurs for up to 6 months. An affordable, flexible short-term disability insurance plan can provide temporary income to the needed benefits to both the employer and employee and their family.
Strate Insurance Group offers free, comparative quotes on group disability insurance from multiple insurance carriers so you can get the best possible rate whatever your group size or benefit goals.
Want to see how much we can save you and your business? Just request a quote to find out.