A medical condition that reduces an employee’s ability to perform their work duties, usually due to an illness or injury, is considered a disability. Statistically, one in three employees will miss more than one month of pay as a result of an injury or illness. Without disability coverage, employees stand …
On the surface, disability and life insurance policies may seem more or less interchangeable, but a savvy benefits administrator knows how to adjust these products to make them better. When customized appropriately, disability and life insurance products are anything but cookie-cutter. Designing insurance policies can be compared to choosing options …
