Short term disability insurance (STDI) is a policy that provides income replacement benefits to employees who are unable to work due to illness or injury.
Benefits of Short Term Disability Insurance
STDI can be an important part of a comprehensive benefits package, as it can help employees maintain their standard of living if they are unable to work for a period of time.
There are a number of reasons why an employee might need to use STDI benefits. Illness or injury can prevent an individual from working, and maternity leave can also create a need for income replacement. STDI can help employees bridge the gap between their regular income and their new reduced income.
STDI policies vary in terms of the amount of coverage they provide, as well as the length of time for which benefits are available. It is important to carefully review a policy before purchasing it to be sure that it meets your needs.
Establishing You Short Term Disability Policy
Setting up an STDI policy can be tricky, and our team is here to help. We can also analyze multiple carriers to ensure your employees receive the highest amount of coverage at the lowest rates. For more information, contact us by clicking below or calling our offices at the number listed above.
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