This type seeks to close the income protection gap for people without employer coverage. It is also portable, meaning it's yours if you change jobs.
Short-term offers an immediate partial income payout when illness or injury keeps one from working. Employers and their employees may benefit.
This type offers added payouts for long-term injuries. It takes effect after your short-term coverage is no longer active. Employers and employees may benefit.
Long-term or individual policy holders can add this coverage to protect a larger portion of their income, commissions, or bonus payouts.
Employer plans typically pay up to 50% of your income. This might not be enough to meet your bills.
In this blog, learn why income protection may not be something you think you should have until the unthinkable happens.
A business that can function without you, should it need to, is a stronger business.