A severe disability can strike anyone at any time. That is why income protection provided through a group insurance policy is important to the owner(s) and Vermont employees as a means to provide a reliable stream of income for the disabled individual and his/her family. If still not convinced of the importance of this group coverage, check out the real-life stories posted on the Council for Disability Awareness web site. Since a crippling illness or injury can affect people differently, the best disability insurance policy is one that yields the most benefits in the greatest number of disability scenarios at a competitive price. 

At Benefit Design & Strategies we take the complexity out of evaluating which policies offer the most comprehensive coverage for the best value. With recent enhancements made to disability policies by insurers [STD & LTD – Recent Innovations] and premiums that are actually declining in many instances, now is an excellent time to review your existing policies.

Benefit Design & Strategies represents financially-sound insurance companies most of which structure their policies:

•   to be flexible in addressing unique disability situations,
  
•   to encourage early rehabilitation when approved by a physician,
•   to pay for modifications to the workplace to enable a partially disabled employee to return to work, and
  
•   to offer significant financial incentives to the individual to return to work as early as possible (even if on a part-time basis) when physically, emotionally and mentally ready.
  

These innovative approaches are a proven catalyst to help speed the claimant's recovery and enable him or her to return to a more normal vocational and personal life.

The importance of disability insurance cannot be understated. These policies:

• Maintain an employee's standard of living and thus his/her dignity;
• Protect employee's hard-earned assets from foreclosure or repossession
• Provide a disabled employee with the freedom from financial worry to focus on his/her rehabilitation and recovery; and
• Cover the cost of rehabilitative services and reasonable special accommodations at the workplace and perhaps at home.

For the Vermont employer already offering a short-term and/or long-term disability policy, a detailed review of your coverages may reveal gaps in coverage or the absence of recent innovations introduced by many reputable insurance companies. Taking a pulse of the marketplace by having Benefit Design & Strategies obtain quotes from several reputable carriers can often result in reduced premiums and while at the same time enhancing the coverage.

Take a look at many of the Improvements to Short-Term and Long-Term Disability Policies by clicking here. Then call Benefit Design & Strategies today to request a review of your current policy(ies)