Group Long Term Disability

When an employee becomes disabled, it can have devastating financial implications. According to the Council for Disability Awareness (CDA), the average long-term disability (LTD) absence from work lasts 2.5 years (which is a very long time to go without a paycheck).

LTD policies pick up where short-term disability (STD) leaves off. Policies pay employees who have become disabled a percentage of their salary with payout periods ranging from 5-10 years, up to age 65 or for life.

Plan options include:

• Riders such as residual benefits and cost of living adjustment (COLA)
• An “own occupation” policy designation

Universal Benefit Plans offers employers long-term disability (LTD) insurance plans from multiple carriers to meet unique employer and group needs. We will work closely with your management team to design a LTD policy that achieves maximum employee coverage and stays within employer budgetary constraints.