Employee-paid long-term disability
"Nearly 1 in 5 working people ages 35 to 65 will suffer a catastrophic disability lasting five years or longer."1
Long-Term Disability insurance offers insureds a way to replace part of their income if they should suffer a serious illness or injury and can’t work for an extended period of time. A long-term disability policy pays benefits for up to two years under a traditional “own occupation” definition of disability, but benefits can continue up to age 65 via three employer choices of the definition of disability for continued benefits beyond 24 months.
Plan highlights
- Available for groups with 10 or more lives.
- Benefits begin after a three month or six month qualifying period.
- Benefits can be payable to the later of age 65 or two years. 2- and 5- year benefit duration options are also available.
- Benefit maximums up to $5,000 per month.
- Employees choose benefit amounts in $100 units.
For a full description of our Long-term disability features, limitations and exclusions, please review the product brochure.