Help employees protect their incomes

Help employees protect their incomes

Odds are good that you have fringe benefits or bonus plans in place for your employees, or at least for your key employees. But what about income protection if an employee becomes disabled and can’t work? Do you offer group coverage?

Supplementing coverage or an additional benefit

Even if you do offer group coverage, an additional benefit to consider is individual disability income (DI) insurance. You can offer this benefit by having the company pay the premiums or on a voluntary basis with the employee paying the premiums.

Either way, you are offering an individual DI policy to each employee that may be the only DI policy your employees have, or can supplement any existing group coverage. And with Ohio National, you can offer this coverage to a group of employees — at a discount — through what’s called a Multi-Life Program.

Why DI insurance at all? 

Because disability often strikes out of nowhere and can be both financially and emotionally devastating. Most people believe they are insulated from disability, but the likelihood of suffering an income-interrupting sickness is greater than you (and your employees) might think.

Why is a DI benefit good for your employees?

Offering a DI benefit to your employees through a multi-life guarantee program offers the following seven benefits.

1. Minimal or no individual medical underwriting requirements. Depending on the case, there may be minimal or no medical underwriting required. There are differences depending on the size of the group and the common element among the group (affinity or employer). Because the group is evaluated as a whole initially, the individual underwriting may be reduced.

2. Permanent premium discount. Eligible employees receive a permanent premium discount.

3. Portability. The DI policy and discount are portable if the employee should leave your company and elects to continue to pay the premium.

4. Supplement group coverage. The individual coverage offered through this program may supplement any group coverage offered through your business.

5. No reduction for Social Security or other eligible disability benefits.

6. No lengthy underwriting process.

7. Peace of mind. Employees have comfort in knowing their incomes are protected in the event of a covered disability (as outlined in each individual policy).

Protect your employees and your business – we can help

Contact your financial professional about how to obtain a no-obligation estimate for offering individual DI to your employees.


Disability income insurance policies issued by Ohio National Life Assurance Corporation. Product, product features and rider availability vary by state. Guarantees are based upon the claims-paying ability of the issuer. Disability income insurance is not available in CA. Issuers not licensed to conduct business in NY.

Disability income insurance policies contain exclusions, limitations, reduction of benefits and terms under which the policy may be continued in force or discontinued. For complete details of coverage, contact your financial professional or the company.