10% portfolio weight
Income Protection
Short-term and long-term disability protect employees from income loss due to illness or injury. Key issues: benefit percentage, elimination period, own-occupation definition, and maternity coverage.
Benefit Lines (2)
Short-Term Disability (STD)
Short-term disability income replacement
Long-Term Disability (LTD)
Long-term disability income replacement
Key Employer Questions
- 1Is your STD benefit employer-paid or employee-paid (tax implications differ)?
- 2Does your LTD policy use own-occupation or any-occupation definition?
- 3What is your LTD benefit percentage and maximum monthly benefit?
- 4Does your LTD policy include a COLA rider?
- 5Is your STD maternity duration competitive?
Related Tools
Benefits Intelligence Suite
Tools Hub