Disability Insurance is an important consideration for individuals and businesses looking to protect and value their employees.
There are a couple of issues I want to highlight today:
1. If you are a business owner or human resource manager, and your group plan include Long Term Disability (LTD) coverage, your employees should be paying the premiums. Employee paid premiums result in tax free income replacement should an employee become disabled. This can make a significant difference in the income a disabled individual will receive.
2. Do you have enough coverage? If you are self employed and don’t have disability coverage or if you have a group LTD coverage, you may not be properly protected for income loss.
For more information from one of our providers, please see http://www.rbcinsurance.com/healthinsurance/disability-insurance.html.
Talk to us about disability insurance today!