Long Term Disability Income Insurance

• LTD is designed to pay 60% of an employee's monthly income, for on-or-off-the-job disabilities.
  
  
• The key components of an LTD contract are payments for disability due to illness or injury, which are payable to age 65.
  
  
• The plan may include a Partial Disability feature that will provide benefits if an employee's pay drops by 20% or more.
  
  
• The plan should contain a definition of disability that will protect an employee's own occupation to age 65, if available.
  
  
• Coverage is available to groups as small as two employees (including owners).
  
  
• Please note that the risk of disability is 3 times greater than that of dying, during a person's working lifetime.