What are the different types of disability income insurance that can help in attracting and retaining key employees?
Executive Carve-Out Offered to key executives as an employer-sponsored benefit. Guaranteed Standard Issue Offered to key employees on a voluntary basis or as a company-paid benefit. Individual, Fully Underwritten Supplements employer-provided disability income group benefits. Disability Income Insurance: Executive Carve-Out You can help retain your key people and attract new talent by making disability income insurance available to your executives. Disability income insurance can be an important part of an executive benefit plan, helping to ensure the income of your key executives is protected. Delivering enhanced benefits to the executives and senior professionals in your company could help to keep you competitive in the market. An executive benefit plan can be developed to satisfy the disability income insurance protection needs of your top executives. Typically, most group long term disability policy benefits may only pay a fraction of a high-income earning executive’s net monthly i
