Many people think disabilities are caused by accidents at the workplace, but the majority of disabilities are the result of illnesses. Disabilities do not favor an age or gender. Any person can become disabled, which is why it is important to offer disability insurance as an option to your employees.
Short-term disability insurance provides employees with income protection if they are unable to work for a short period of time due to an injury or illness.
Employees covered by short-term disability insurance are compensated for a portion of their lost income over a period of time. Short-term disability coverage is important because on top of lost income, employees may also experience increasing medical costs as a result of their illness or injury. Short-term disability helps employees recover and return to work.
Offering short-term disability insurance can make your company more appealing as an employer and help you attract high-quality talent.