Disability insurance offers your employees income replacement (typically 60% of salary) in the event they are unable to work due to illness or injury. Disability Insurance plans can include bonuses.

Both Short-Term and Long-Term disability payment options are available. Short Term Disability generally has a shorter waiting period and, depending on the policy, is payable for up to 2 years (often less.) Long-Term Disability has a longer waiting period and is payable for longer periods of time – several years, or even a lifetime – again, depending on the policy.