DISABILITY INSURANCE: GROUP SHORT TERM

Group disability programs enable employers to offer insurance protection to their employees that replaces a portion of their wages in the event an employee becomes disabled and can no longer work. Such programs typically, involve separate insurance coverage for short-term and long-term disability.

Group short term contracts can be provided to physician groups with ten or more physicians and/or employees. Coverage can replace up to 70% of the insured's weekly compensation up to a maximum weekly benefit. Typically the duration of coverage is 13 or 26 weeks and should provide protection during the interval before a group long term disability contract begins. Coverage can be structured to provide a taxable or tax-free benefit.

Terms and conditions vary from contract to contract. Some contracts pay benefits in the event of total loss while others provide coverage in the event of total and/or partial loss.

Our solutions reflect the changing work environment and our clients' critical need to improve cost effectiveness of benefits while simultaneously being able to provide disabled employees with essential income protection and support through periods of acute illness or injury.

You can choose from a variety of policy design features to tailor a policy to help meet the income protection needs of your employees. And with InsMed, you'll also discover how our onsite enrollment and management capabilities can make managing benefits easier.

To receive a quote, please complete our online form, or for more information send us an e-mail, or call our office at 800-214-7039.