An employee's ability to earn a living is their greatest asset. An employee's ability to earn a living is their greatest asset. With disability insurance employers can help their employees protect this asset. It pays to protect your employees' income and your business's profits from the financial setbacks of a disability. A variety of short-term (STD) and long-term disability (LTD) programs are designed to suit a variety of insurance needs.
Short-Term Disability
Even a brief disability can be difficult for your company and your employees to overcome. Short-Term Disability
(STD) insurance helps people through this trying time.
STD plans offer employers the chance to provide income protection for their employees in the event of a short-term sickness,
non-work-related disabling illness or accidental injuries. Employers can select benefit amounts, how long benefits will be paid,
and other plan features. Total disability is required to receive benefits. Benefits can be coordinated to offset EI premiums.
Long-Term Disability
How would your employees get by if they became disabled? How would your business stay on track? Long-Term Disability (LTD) insurance protects employees' income in the event of a disability -- and helps them return to work as soon as possible. LTD insurance provides employers with the opportunity to offer their employees income protection in the event of a serious disabling illness or accidental injuries that happen on or off the job. Employers can select benefit amounts and how long benefits will be paid.