Who typically needs this
- Employers who want income-protection benefits
- Organizations with professional or knowledge-based workforces
Employers
Disability Insurance
Disability insurance can help replace a portion of income if an eligible employee cannot work due to a covered disability. Coverivo helps employers compare elimination periods, benefit percentages, and definition-of-disability language at a high level.
Common coverages
- Short-term disability
- Long-term disability
- Optional buy-up options where available
Things to consider
- Definition of disability, offsets, and benefit duration matter
- State disability programs may interact with employer plans
Questions people ask
Is workers' compensation the same as disability insurance?
No. Workers' compensation is generally for work-related injuries. Disability insurance can apply to a broader set of covered disabilities, subject to the policy.
Coverivo is an independent insurance broker, not an insurance carrier. Coverivo is staffed by licensed insurance professionals who help you evaluate and request coverage from applicable markets. We do not underwrite or issue insurance policies. Insurance products and availability vary by state and insurance company. Coverage is subject to underwriting, eligibility requirements, policy terms, exclusions, and carrier approval.