Group Disability
One of the major concerns facing your employees is What will happen if I am not able to work? Who will pay the bills and provide for my family? Offering disability insurance is one way of providing peace of mind for your employees. Short- and long-term disability programs are available.
Short-Term Disability
- Waiting periods can range from one to 30 days.
- Coverage is 60 to 70 percent of your weekly earnings.
- Benefits are typically paid for 13 weeks but may continue up to two years.
Long-Term Disability
- The waiting period generally coordinates with short-term disability.
- Coverage is 60 to 70 percent of your weekly earnings.
- Benefits are paid up to age 65 or according to the Age Discrimination in Employment Act (ADEA) guidelines for those disabled after age 60.
Mid-State will partner with you to design the plan that works best for you.
