Thursday, May 3, 2018
Wherever you’re reading this, hopefully spring has finally sprung. It can be a lovely season, but it can also bring a bit of disaster. With more people venturing outdoors, onto jet skis, or breaking out those slippery flip flops, there are many opportunities to get hurt, in and out of the workplace. According to the National Safety Council, every ten minutes, about 772 individuals suffer an injury requiring medical attention.1
May is Disability Insurance Awareness Month, making this a great time to brush up on why disability insurance is so important for your employer groups. For employees, the benefit is easy to see: disability insurance helps protect their finances if they have to miss work due to a qualifying injury or illness. Bills don’t stop coming, after all.
For employers, offering disability insurance is an important part of a comprehensive benefit package as well as a way to help employees during a difficult time in their lives. Plus, if offered under a Section 125 Plan, employers and employees may both save money by reducing employee taxable income by the amount of premiums paid.
Need help or new ideas on how to talk about Disability Income Insurance with your employer groups? We’re happy to help! Contact our team at 844-273-9330.
American Fidelity Brokerage Care Team
1National Safety Council, Injury Facts, 2017 Edition, p. 2