Short Term disability insurance protects your employees in the event of a injury or illness. Choose the plan design that fits your company best:
Benefits are paid during the period an employee is disabled due to a non-occupational accident or sickness. Payments begin the first day, if the disability is due to an accident, or the eighth day, if the disability is due to sickness -- and are payable for up to 13 or 26 weeks.
Most employees, in the event of a disability, don't have enough savings to cover their monthly expenses over an extended period of time. Long-term Disability insurance provides the financial protection they need.
Long-term disability insurance doesn't pay full wages, but it does pay up to 60% of base earnings. That 60% helps provide a steady income until an employee recovers and can return to work. And while the cost of coverage does increase for older employees, so does the possibility of experiencing a disability.
The ABC Insurance Trust is an ERISA Trust serving members of Associated Builders and Contractors, Inc. The Trust is an independent entity, governed by a Board of Trustees.