Assurant Employee Benefits

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Plan Options

Employers can choose from the following options to custom build their LTD plan:

  • One of the key features that sets Disability Income Solutions™ apart is the option of selecting the most appropriate definition of disability to meet the needs of different employee groups. We offer three distinct definitions of disability, including a distinctive "dual" definition that triggers benefit payment based on a loss of duties or a loss of earnings. A loss of both is not required.
  • Critical Illness benefit provides a lump-sum payment, in addition to disability income protection, to claimants who suffer specific critical illnesses such as cancer, heart attack, stroke, kidney failure or trauma resulting in paraplegia or quadriplegia.
  • Retirement Savings Benefit allows for contributions to a retirement savings plan.
  • Medical Premium Payment Supplement helps a claimant maintain major medical coverage by paying up to a preset dollar amount of medical insurance premium.
  • Managed Disability Solutions®, including the Quality of Care Benefit which focuses on medical rehabilitation, and the Managed Rehabilitation Benefit which focuses on vocational rehabilitation.
  • Cost of Living Adjustment (COLA) is designed to protect income. It increases a claimant's Long-term Disability benefit by a percentage the employer selects to help the benefit keep up with the effects of inflation. Several variations are offered.
  • Activities of Daily Living Benefit (ADL) pays an additional benefit that will increase the policy's overall benefit rate to either 80% or 100% of pre-disability pay to claimants who suffer a severe disability. This benefit was designed to help those severely disabled claimants pay the additional expenses that they often incur.
  • If a disabled insured dies while receiving Long-term Disability benefits, the Survivor Benefit provides income to the insured's survivors while they are in the process of settling the estate.
  • Employee Assistance Program (EAP) gives employees access to a confidential short-term counseling and referral service, designed to help them deal with family, legal or financial concerns.
  • Business Income Benefit provides an additional benefit to be paid to the policyholder if one of the organization's primary income-generating employees becomes disabled.