Disability insurance is designed to replace lost income for people who are unable to work due to an accident, injury, or illness. Typically, these are classified as either Short Term Disability (STD) or Long Term Disability (LTD) and are an important aspect of sound financial planning.
Why Disability Insurance?
Did you know that the average disability claim lasts almost 13 months1? It can be difficult to prepare for that type of financial burden lost income can create. Disability insurance helps to replace part of that income and mitigate that burden.
The fact is, no two employees are the same and no two disabilities are the same. Thats why we offer both Short-term and Long-term disability insurance designed to help employees when they can’t work and also help them get back to work.
Why Disability Insurance from Nippon Life Benefits?
1. Based on 2020 customer satisfaction survey results