Long Term Disability

A long-term disability can have profound and long-lasting effects on an employee, his or her family, AND the company they work for. For the individual, however, long-term disability insurance can mean the crucial difference between maintaining a desirable quality of life and struggling to make ends meet during a difficult time.

Difficult decisions–for companies and their employees

The complexities of long-term disability can be overwhelming, not only for those eligible to receive benefits but also for those charged with the developing company programs and procedures.

Benefit Specialists of NY is uniquely qualified to help you with every step of the decision-making process, from formulation through implementation. The very nature of long-term disability coverage, like most insurance programs, requires the kind of extensive knowledge, personal service and willingness to work closely with companies throughout the year that are the hallmarks of Benefit Specialists of NY.

With the variety of options and programs available from Benefit Specialists of NY, finding the customized plan that works best for your company is just a phone call away. And you can feel comfortable making that phone call any day, every day.

Overview

While the specifics of your long-term disability insurance will depend on the plan you develop with your Benefit Specialists of NY representative, the basic structure of this benefit is a monthly payment (typically 60% to 66-2/3% of salary, up to $5,000) to an employee who is disabled from injury or sickness. Payments begin after a waiting period (typically 90 or 180 days) and continue as long as the employee is disabled, but not beyond the benefit period.

Partial disability is also covered.