Voluntary Benefits

With the increasing cost of employer-sponsored benefits, many organizations choose to offer core coverage such as medical, dental, and vision insurance. Employers seeking to enhance their benefits packages have a variety of additional options available. Many of these supplemental benefits can be offered on a voluntary basis, with premiums paid by participating employees.

Short-Term Disability Insurance:
Short-term disability insurance provides income replacement for a portion of wages lost due to an injury or illness that temporarily prevents an employee from working. Benefits are payable for a defined period, as outlined in the plan, which may range from one week to 13, 26, or 52 weeks, or until long-term disability benefits begin.

Long-Term Disability Insurance:
Long-term disability insurance replaces a portion of an employee’s income when an injury or illness results in an extended inability to work. Benefits typically begin after a specified elimination or waiting period and may continue for the duration defined by the plan, such as until the employee reaches a designated age.