Why an Annual Insurance Review Could Save You Thousands
When was the last time you reviewed your insurance policies? If you’re like many Californians, it’s easy to “set and forget” your coverage after purchasing…
Read more
Disability Insurance
While most people associate benefits with health insurance and retirement plans, having the right disability insurance in place can provide financial protection if you’re unable to work due to an illness or injury.
What Is Disability Insurance?
Employee benefit disability insurance is a type of coverage that provides financial protection to employees who are unable to work due to an illness or injury.
This coverage is commonly offered as part of an overall benefits package and is designed to help protect employees’ income if they are unable to work for an extended period.
What Does Employee Benefit Disability Insurance Cover?
Employee benefit disability insurance policies typically cover a portion of an employee’s salary or wages if they become disabled and are unable to work.
Some policies offer coverage for both short-term and long-term disabilities. Benefits typically start after a waiting period and can last until age 65, or longer in some cases.
Why is Employee Benefit Disability Insurance Important?
Having employee benefit disability insurance in place can provide peace of mind and financial protection in the event of an unforeseen illness or injury.
It can also help to ensure that employees can continue to provide for themselves and their families while they recover.
For employers, offering disability insurance can be an effective way to attract and retain top talent.
How Much Does Employee Benefit Disability Insurance Cost?
The cost of employee benefit disability insurance can vary depending on a number of factors, including the employee’s age, health, occupation, and income.
Generally, policies that provide greater benefits or cover more situations will be more expensive than those with more limited coverage.
For employers looking to offer disability insurance, it’s important to work with a dependable company that can help them identify the best coverage options and negotiate favorable rates.
Uniserv Insurance Services: Disability Insurance in Southern California
Employee benefit disability insurance is an important coverage that offers financial protection to employees in the event of a disability.
Understanding what it covers, why it’s important, and how to get started with coverage can help employees and employers ensure they have the right protection in place.
If you’re interested in learning more about disability insurance or adding it to your benefits package, contact Uniserv Financial Services today.
Latest News
Insurance for Electric Vehicle Owners: What’s Different and Why It Matters
Switching to an electric vehicle (EV) is a smart choice for California residents looking to reduce their carbon footprint, save on fuel costs, and take…
Protecting Vacation Homes and Rental Properties in California
Owning a vacation home or rental property in California offers tremendous opportunities, from providing steady passive income to creating a personal retreat in one of…
The Insurance Challenges of Remote Work and How to Solve Them
Remote work has revolutionized the modern workforce, offering flexibility and freedom to individuals and businesses alike. However, this shift toward home-based work environments introduces unique…
Top 5 Reasons Californians Are Adding Umbrella Policies to Their Coverage
Living in California comes with exciting opportunities and incredible landscapes, but it also brings unique risks. From high-value real estate to increased exposure to lawsuits,…
How Insurance Can Help You Navigate California’s Extreme Weather Events
California’s diverse climate is both a blessing and a challenge. From its sunny coastlines to its snow-capped mountains, the state faces a range of extreme…
Contact Us
Whether you need a free quote or want to discuss your insurance needs, we are here to help. Fill out the contact form on this page and we’ll be in touch shortly.