As a business owner or executive, you share the same concerns as your workers over what would happen to you and your family if you should become disabled. The risk of disability is greater than most people think, and most individuals don’t consider disability insurance on their own. Having group disability insurance that provides income for eligible employees, who are partially or completely disabled due to an injury, pregnancy, disease or other covered disabling illness, is of value in many ways including:
- Provide short- and/or long-term financial security for your employees preventing stress and making it easier for them to come back to return to work once they are better.
- Increased loyalty and reduced turnover of workers
- Tax-deductibility of premiums paid by employer.