Group disability insurance protects your employees’
most valuable asset—the ability to earn an income,
even if they’re too sick or hurt to work.
If an employee is too sick or hurt to work, they may be eligible for disability insurance. After filing a claim and meeting the policy’s definition of disability, the employee then fulfills the elimination period (the amount of time before benefits are available). Examples of elimination periods include 8 days for short-term disability and 90 days for long-term disability. Depending on the employer’s time-off policy, employees may be able to use sick leave during the elimination period.
What is group disability insurance?
Disability insurance acts as an employee’s personal safety net.
If employees are too sick or hurt to work, they can rely on disability
insurance to replace a portion of their income.
That means they can focus on taking care of themselves,
instead of worrying about how they’ll pay the bills.
Key features of Principal group disability insurance
Work-life balance employee assistance program
Emergency travel assistance
Reasonable accommodation benefits