Group Long Term Disability

Monthly Income Replacement For Employees

You insure what matters to you — your home, your life, health and car. But what about one of your most valuable assets — your income?

If your employer provides group Long Term Disability (LTD) insurance through The Standard, you could receive income replacement if you experience a covered illness, injury or pregnancy. The monthly benefit payments can help with the bills, like your mortgage or rent, that continue even when you can't work — expenses health insurance won't cover.

Do You Know The Risks Of Disability?

Did you know that the majority of disabilities are not caused by accidents? In fact, the two leading causes are diseases of the musculoskeletal system and connective tissue and cancer.1 Here are some more surprising statistics:

  • Just over 1 in 4 20-year-olds will become disabled before reaching age 672
  • 69% of the private sector workforce has no long term disability insurance2
  • The average group long term disability claim lasts 34.6 months3

Estimate how much income you might need to replace if a disability happened to you.

Take The Next Step: Enroll

Depending on your employer's benefits, you may need to complete an application to become insured. Ask your employee benefits manager whether Group Long Term Disability insurance is available and how to enroll.

 

1 2012 Council for Disability Awareness Long-Term Disability Claims Review

2 Social Security Basic Facts, July 26, 2013.
http://www.ssa.gov/pressoffice/basicfact.htm. Accessed Sept. 4, 2013

3 Gen Re, U.S. Group Disability Rate & Risk Management Survey 2012, based on claims closed in 2011