Walker & Associates: Covering Expenses in the Event of Disability

The U.S. Census Bureau estimates that an employee has a one in five chance of becoming disabled. This is exacerbated by the fact that 80% of the U.S. workforce is living paycheck to paycheck. If a principal wage earner were unable to work because of an illness or injury, without the protection that Group Disability provides, just imagine the financial devastation your employee and his or her family will face.

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Financial Security in the Face of An Injury, Illness

As part of a robust employee benefits program, we can help you offer your employees Group Disability insurance. Short-Term Disability pays a percentage of an employee’s salary for a specified amount of time should he or she become ill or injured and cannot perform the duties of his/her job. Coverage usually begins anywhere from one to 14 days after your employee suffers a condition that leaves him or her unable to work.

When an employee cannot work for an extended period of time, a Long-Term Disability plan can help cover a percentage of the employee’s salary. This is important, as some estimates state that the average employee with a long-term disability misses 2.5 years of work.

There are a variety of differing plans available for employers to offer as part of a comprehensive employee benefits package. Our staff is happy to go over them with you.

 

More than 9,000 customers in Central Indiana trust Walker & Associates for their insurance.

We invite you to learn more about how we can help protect all that’s important to you as well as your hard work. Give us a call at (800) 213-7126 to speak with one of our professionals.