Group Disability Insurance

A robust portfolio of employee benefits - including group disability insurance - can help attract, reward and retain employees.

Disability insurance as an employee benefit contributes to everyone’s prosperity. It helps the business build and maintain the needed workforce and helps employees and their families meet their financial security needs.

It fosters the confidence that business and personal goals can be achieved through actions taken today.

Small-Group Long-Term Disability Insurance

Small Group Long-Term Disability Insurance replaces a percentage of your employees' pre-disability earnings up to a maximum benefit on a monthly basis. It provides benefits up to Social Security Normal Retirement Age with Standard ADEA Grading and is available to you if you have three to nine employees.

Maximum Benefit

Maximum monthly benefits range from $4,500 for groups with three or four lives to $7,500 for groups with five to nine employees. Benefit percentages are 50%, 60% or 66-2/3% of predisability earnings, depending upon your industry.

Rate Guarantee Period

The rate you pay to insure your employees is guaranteed to remain the same for one year. Changes in the premium could occur, however, if an employee enters a new five-year age band, or experiences an increase or decrease in predisability earnings. This can happen even during the one-year guarantee.

Partial Disability Benefit

Disability benefits are available through a Small Group Long-Term Disability insurance policy for employees with a partial disability. No total disability is ever required for benefits.

Beginning Date

The beginning date indicates the length of time an insured must be disabled before benefits begin to accrue. For a Small Group Long-Term Disability insurance policy, there are two to choose from: 91 and 181 days. The number of days your employees wait before the beginning date of their benefits accrual includes the days they are disabled or partially disabled.

Conversion of Insurance

This important feature allows all eligible employees to extend disability insurance coverage if for specific reasons their coverage terminates. Employees must be insured under your plan for at least one year on the date insurance ends to be eligible.

Our Claims Management Philosophy

We don't just approve and deny claims. We appoint benefits analysts who will pick up the phone and call the insured and develop a working relationship. Our analysts are fully capable of evaluating and properly adjusting all disability claims.

Our claims procedures are sound and efficient. We go above and beyond to track your claim experience and work with you to implement loss control techniques. We have well established and effective programs in place to help claimants receive Social Security disability benefits. And most importantly, we provide in-house and outside vendor vocational assistance to help claimants return to work.

Pre-Existing Condition Exclusion

Employees will not be covered for a disability caused by a pre-existing condition. A pre-existing condition is a mental or physical condition for which an employee has consulted a physician or practitioner, received medical treatment or services, or taken prescribed drugs or medications at any time during the pre-existing condition period.

The amount of benefits provided depends upon the plan selected. Premiums will vary with the amount of benefits selected. Policies do have exclusions, limitations and may have reduction of benefits.