Protect the Paycheck!
Protecting income is a primary pillar of an Employer's Financial Wellness Program. While most employers offer Group LTD, more often than not, it's still not enough. Guess what more than 50% of Fortune 500 companies offer?
When over 50% of Fortune 500 companies offer a type of benefit program, it's a benefit with credibility and employee appeal.
Supplemental Disability Insurance - also known as Income Protection or Supplemental LTD - is a benefit offered by over 50% of Fortune 500 Companies. Yet, the majority of supplemental plans are purchased by small business, covering between 5 and 10 employees.
Employer provided Group Long Term Disability (LTD) plans are a commonly offered benefit program, but LTD more often than not, is not enough. Supplemental LTD plans are layered on top of LTD, can help Employers better protect their employee's income, and greatly strengthens the Employer's Financial Wellness program.
May is Disability Insurance Awareness Month (DIAM). Protect the paycheck!