Group Disability Coverage

Tri-State Insurance Agency: Offering Group Disability Coverage to Employees

It’s estimated that one third of employees will experience a prolonged absence from work due to disability at some point in their careers. What’s more, a disability can be devastating, and if it isn’t work-related, it can bankrupt an individual, as it is not covered under workers compensation insurance. Furthermore, disability benefits under Social Security aren’t always available in a timely manner or to the extent that an employee needs it.

As an employer, you are in an excellent position to help your staff get that extra income protection they need in the case of disability. A group disability insurance policy is much more affordable than an individual disability policy. Many employers offer disability insurance as a voluntary benefit, meaning the employee pays the premiums but still at a group rate, depending on your company’s participation level.

At Tri-State Insurance Agency, we partner with top-rated insurers that provide excellent short-term and long-term disability insurance. Options are available on waiting times, benefits levels, and length of policy, among others. Benefit percentages are figured based on pre-disability earnings, and rates vary based on the age and duties of your employees. We can also provide “own occupation” Disability insurance that covers employees who are prevented by a disabling injury or illness from working in their particular profession.

Make group disability available to employees for income protection.

Tri-State Insurance Agency provides a comprehensive business insurance portfolio, including employee benefits, for companies throughout Pennsylvania, northern New Jersey and New York. Give our professionals a call toll-free at 888.990.0526, email us or fill out and send the form on this page for a free consultation and quote.