Disability Insurance

Long-Term Disabillity Coverage (LTD)

Long-term disability coverage is one of the most cost-effective ways to provide for the human and financial expense that occurs when an employee suffers a lengthy disability. Consider the Social Security Administration study that stated 19% of male insured workers and 15.3% of female insured workers who attained age 20 in 1986 will be unable to work for a certain period of time before they reach age 60. What type of plan does your school, or ministry, have in place when an employee is disabled for more than 90 days?

Short-Term Disability Coverage (STD)

Short-term disability coverage provides peace of mind because when an employee suffers a disability, often the loss of a paycheck can be equally debilitating. Generally, an employee is able to use vacation or sick leave to cover a short disability; however, many times short-term disability coverage is the only financial security that can prevent depletion of savings during a temporary time of need.

Five Frequent Types of Claims

Here are the most frequent types of claims:

• Pregnancy & Related Conditions
• Cancer
• Back & Disc Conditions
• Heart Conditions
• General Injury