In addition to price, it is important to work with a carrier that will provide a high level of service around billing, claims payment, and premium waiver related to disability.  Supplemental life can provide employees with additional life insurance protection at rates that may be cheaper than an individual policy and without requiring a medical exam or underwriting questions.

Short Term Disability

As an employer, there are many decisions that need to be made regarding STD coverage:

  • Should it be offered on an employer paid or voluntary basis?
  • How will it integrate with your vacation and sick day policies?
  • Does it make sense to self insure the STD?
  • Are there issues today in administering FMLA?

Corporate Financial helps clients make the best decisions for their employees and their bottom line.

Long Term Disability

An employee’s ability to earn income is of vital importance, and LTD provides financial protection for the employee and their family in the event they experience a long term disability so the employee can focus on recovery.

The contracts for LTD are complex and can vary considerably among carriers.  In addition, there are many terms that can be adjusted if you know where to look and what to ask.  Another important aspect of structuring an LTD plan is being aware of tax considerations.

Absence Management

Corporate Financial provides services to employers that help reduce costs and improve employee productivity.  A successful absence and disability management program increases productivity, improves employee health, reduces the duration, cost and impact of STD, FMLA, and other absence/disability programs, and positively affects Workers’ Compensation experience.