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Short-Term Disability Insurance (STD)
This type of coverage
provides a percentage of income replacement for up to 26 weeks for
non working related accidents and sickness. Following an
elimination period, employees receive a portion of their salary up
to a stated maximum until their return to work or until they qualify
for Long Term coverage.
Long-Term Disability Insurance (LTD)
For disabilities and sickness lasting longer than the prescribed
STD coverage, LTD will continue income replacement. Depending
upon the nature of the disability and its relation to the employees
occupation, coverage can last until age 65
Coordination of STD & LTD
All disability programs should be designed to coordinate the
coverage of both the short and long term insurance. We will
review all current policies to insure this level of integration is
achieved.
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