Disability insurance, whether short or long term, gives employees a financial cushion in the event they become disabled due to an injury or illness and are unable to work for a period of time. Although Health insurance will typically cover the costs of treating an injury or illness, most people will have a difficult time paying for basic necessities if they aren’t able to work.
Insuring employees for the long term, LTD coverage can help provide financial security so a disabled employee can focus on recovery and returning to work.
