Income protection for your valuable employees
As a business owner, you may have fringe benefits or bonus plans in place. What about income protection if an employee becomes disabled and can’t work?
An additional benefit to consider is individual disability income (DI) insurance. You may choose to provide this benefit and pay the premiums; offer the benefit on a voluntary basis; or share the premium with your employees.
You can offer individual coverage to multiple employees, as a group and at a discount through a Multi-Life Guaranteed Standard Issue (GSI) program.
Multi-Life GSI: Protect a group with individual policies
By sponsoring an income-protection plan for your employees, you can help them protect against disability, which can attract and retain the best talent. With a Multi-Life GSI program, your defined group of employees may be eligible for individual policies that stand alone or supplement any long-term disability program you may also offer.
Employers with 25 to 1,000 employees are among the most likely candidates for Multi-Life GSI programs.
Multi-Life Guaranteed Standard Issue provides:
Provide an income-protection benefit at a discount to help retain your top people.
Offer non-cancellable DI policy coverage to multiple employees through one program at a discount.
Your employees apply for individual coverage as a group so the application process requires fewer questions.