Let’s look at why disability insurance is a great benefit to your employees. In a competitive job market, your employee benefits package could be the thing that sways top talent in your direction. While your company provides good coverage for workers hurt on the job, there are many other ways employees can become temporarily or permanently disabled. If the injury or illness is not job-related, where will funds come from to protect their income flow?

Many employers choose to offer disability insurance, either as a group benefit or as a voluntary benefit individuals can pay for via payroll deduction. These can be short-term or long-term plans, and can provide much-needed funding in between a last earned paycheck and the start of any benefits the government or a financial settlement will make available.

Disability can be caused by an accident, an incident (such as a heart attack), an event (like a house fire), or an illness (such as cancer). Insurance specifically for disability doesn’t have to be used for medical bills, though it can pay deductibles, and it can be the difference between a very bad financial struggle and getting by during a down period. It may be just right for your employees.

Are you curious if you should be offering disability insurance to employees? Contact Rettino Insurance for a FREE Evaluation.