Long-term Disability Insurance for Your Group
We can help you find a long-term disability plan that helps protect your group members, fits your budget, and enhances your benefits package.
Insurance Tip
In addition to group long-term disability plans, your practice should consider getting “key person” long-term disability insurance for important individuals in your practice. The benefit can be used to maintain the solvency of the organization if one of those key individuals cannot work because of a disability. Read more in our guide, A Practice of Your Own.
Download A Practice of Your Own guideLong-term disability coverage is important for medical practice employees because:
- The U.S. Census Bureau estimates that employees have a one in five chance of becoming disabled.
- The average long-term disability absence from work lasts 2.5 years according to the Council for Disability Awareness.
- Becoming disabled can have devastating effects on an employee’s life.
And it’s a good idea for employers because:
- Offering long-term disability insurance as a part of your benefits package can help you attract and retain quality employees.
- You have the flexibility of paying for the premiums, or offering long-term disability insurance to your employees as a voluntary benefit, whatever fits the budget of your practice.
- Typically, rates are very affordable because the risk is spread across the entire group.
TMAIT Advisors can help you find the long-term disability plan that meets the needs of your group.
We can shop the open market for you.
Our Advisors can present a range of long-term disability options from reputable insurance carriers. We can also help you decide whether to offer long-term disability insurance as an employer-paid or voluntary benefit. We do the legwork. Your group gets the long-term disability plan that best suits the needs of your group.
Request a quote
Complete a short online request form and a TMAIT Advisor will contact you with custom pricing, ready to discuss all your options.
Begin the quoting processYou might also consider...
These articles
These coverage types
Office overhead expense insurance
Long-term disability insurance helps to protect a physician’s income, but a practice owner may also need help paying the rent and employee salaries if they are disabled. Office overhead expense insurance can help. Learn about office overhead expense insurance
Term life insurance
Term life insurance can be an affordable and attractive addition to your employee benefits package. Learn about term life insurance