It is essential for individuals to have adequate income protection in the event of a long-term disability. Employers are in an optimal position to assist their employees in obtaining Long Term Disability (LTD) coverage. Oftentimes LTD seems to stand for “Last To Discuss”. It is understandable that other coverages such as medical, vision, and dental, which are used at least annually, are more top-of-mind. However, the loss of income can devastate an individual at a time when they need the monetary assistance the most. But not having adequate income protection can not only have serious repercussions for the employee, but their employer as well. This session will review the different types of Long Term Disability coverage, program structures, and what employers should think about when implementing a plan.
TOP TAKE AWAYS
• The major causes of and financial ramifications of long term disabilities
• Types of Employer-sponsored Long-Term Disability insurance plans
• How LTD plan structures can provide long-term financial stability to companies, along with attracting and retaining key-talent
PROFESSIONAL DEVELOPMENT CREDITS
Credits will be provided only to those logged into the live webinar via computer during the duration of the speaker's presentation.
CEBS - qualifies for 1 CPE
HRCI - valid for 1 HR (General) credit
SHRM - approved for 1 PDC