Group Disability

Disability Coverages for Your Organization

Your employees’ most important asset is their ability to earn a paycheck. So what would happen if they were suddenly unable to work as a result of an illness or injury? Many people think Workers’ Compensation will provide benefits, but that’s only if the disabiling illness or injury occurred on the job.

Employer-sponsored disability income insurance is much less restrictive and falls into two main categories.

Short-term disability insurance plans usually offer benefits that are paid for a maximum of 26 weeks, but can vary by carrier.Long-term disability insurance benefits typically pay a percentage of your salary base and generally continue for the length of the disability or until retirement age.

Plan cost can be affected by adjusting the maximum monthly benefit, benefit periods and waiting periods before benefits begin.

Unsure about the cost of adding  group disability to your benefits package? Consider offering a voluntary benefit option. Voluntary benefits allow employees to purchase or increase benefits themselves, often through automatic payroll deduction.

For Business Owners & Key Employees

Have you thought about what would happen to your business if you or a key member of your organization suffered an injury or illness that left them unable to work? Would your business be able to survive the financial impact of such a loss? Business owner and key person disability coverage can offer financial stability for your business if the unexpected were to occur. There are several plan options available, so work with your AW Risk Advisor to find a plan that’s right for you and your business.

Group Health | Group Dental | Group Life | Group Disability | Individual Life