Even though you do the best to avoid it, sometimes people get sick or hurt, preventing them from working. When an accident or illness makes it impossible for your employees to work for any period of time, disability insurance helps cover their expenses when they aren’t receiving a paycheck.

Short-term disability, according to our world-class providers, picks up where sick time leaves off. The insurance plan will replace income missed while an individual is recovering from a disabling condition. Professionals who tend to acquire disability insurance protection include surgeons, dentists, medical specialists, lawyers, and executives.

Long-term disability will protect income when a disabling condition impacts an individual’s ability to work for an extended period of time.

Short-term disability usually comes into effect when someone sustains an injury that prevents them from working for as long as six months. Long-term disability insurance is often used for ongoing health issues like back injuries, cancer, and heart disease.

The amount will vary, but typically disability insurance costs between one and four percent of an employee’s annual salary. We recommend that professionals insure between 60 and 80% of their after-tax income.

Have questions about disability insurance? We can help. Contact us today to get personalized advice and top-quality, custom coverage for your team.