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Written by ron
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Wednesday, 30 August 2006 |
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Disability Insurance If one of your plan members becomes disabled, his or her personal savings, loans or spousal income may not provide sufficient resources for maintaining the basic necessities of life. Group disability insurance benefits help ensure your plan members continue to have a source of income should they meet the definition of disability and be unable to work for certain periods of time. Financial protection after an accident or illness - Provides a source of income to ill or injured plan members
- Replaces a percentage of the plan member’s earnings
- Lets you choose your short- and long-term disability plans
Short-term disability: - Replaces a plan member's salary if he or she is unable to work due to injury or illness
- Pays benefits for up to six months
Long-term disability: - Replaces salaries for plan members who are disabled for extended periods of time due to illness or injury
- Offers coverage to age 65
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Last Updated ( Wednesday, 30 August 2006 )
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Disability Insurance 
