What is Group Disability Insurance?
An insurance policy for a group of individuals to cover loss of compensation due to accident or sickness. Why is Group Disability Insurance Important? Group Disability Insurance plans help employees focus on what’s most important – getting better. This benefits the employer or sponsor because it means that trusted employees/associates are back on the job in less down time. Also, Group Disability Insurance not only protects employees and their families, but also helps attract and retain excellent employees.