Your employees depend on their income to pay for housing, food, clothing, their children's education – all the necessities of life. For most employees, a disability means not only difficulty meeting these financial obligations but also increased out-of-pocket medical costs. Colonial Life offers a variety of affordable employee-paid disability income options to meet your company's and your employees' needs.
Every employer knows that employee absences cost money. An absence management strategy can substantially reduce those costs, and an important component of effective absence management is the income protection you offer your valued employees. As a concerned employer, you want to offer the protection your employees need without hurting your bottom line. With Colonial Life's personal disability insurance options, you can manage employee absence while offering the security they need in the event of a disability.
For your employees who purchase a Colonial Life accident insurance policy, disability income riders are available for accident or accident/sickness disability at an additional cost. Benefits are similar to our individual short-term disability policy but with lower benefit amounts, duration periods and premiums.
See one of Colonial Life's benefits guys for more details.
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