Disability Income Replacement

Most employees purchase auto, home and life insurance to protect themselves against the threat of loss, but they often do not understand the importance of insuring a portion of their income against the threat of disability. The likelihood of a disability is greater than most people realize.

Consider these recent statistics:

• Nearly three out of four Americans would have trouble supporting themselves financially within six months of suffering a disability.
   
• A disabling injury injury occurs every second on and off the job.  That's over 86,000 every day, more than 31 million every year.
   
• 3 in 10 workers entering the workforce today will become disabled before retiring.
   
• Over 6.8 million workers are receiving Social Security disability benefits; almost half are under age 50.
   
• More than 50 percent of the workforce has no private pension coverage and a third has no retirement savings.

The need for disability coverage is pretty clear, and Crissie Insurance Group offers a wide range of options that meet the needs of today’s diverse workforce.  

Group Short-Term Disability

Provides weekly benefits for employees partially or totally disabled by a covered physical disease, injury, pregnancy or mental disorder. While there are a variety of options available, most policies provide coverage for 60% of the pre-disability earnings to a maximum of $1,000 per week; coverage can be provided for 13 weeks or 26 weeks.

Coverage can be offered on a voluntary basis or an employer-paid basis.  

Group Long-Term Disability

Provides monthly benefits for employees partially or totally disabled by a covered physical disease, injury, pregnancy or mental disorder. While there are a variety of options available, most policies provide coverage for 60% of the pre-disability earnings to a maximum of $5,000 per month; coverage will begin after a 90-day or 180-day waiting period.

Coverage can be offered on a voluntary basis or an employer-paid basis.
 

Please call us at (800) 562-6362 or fill out this form for further assistance