Disability
How important is disability insurance to an employee benefits
package? Take a look:
- Accident or illness will force 1 in 5 U.S. employees to miss
work for at least a year before they turn 65.1
- Over 225 million days of production time were lost in 2006 due
to off-the-job injuries. Cost: over $240 billion.2
Most employees know that a basic medical plan covers health care
but not lost wages from a disabling illness or accident. While
Workers' Compensation reimburses a portion of lost wages from
on-the-job accidents, it won't cover disabilities incurred away
from work.
- 71% of American employees live from paycheck to paycheck,
without enough savings to cushion the financial blow.3
Income Protection and Peace of Mind
Nippon Life Benefits offers short-term and long-term disability
coverage,* as well as convenient integrated
claims processing. An experienced staff of health care
professionals, rehabilitation specialists, social security
coordinators, and claims adjusters are dedicated to every
claim.
Our disability coverage also provides:
- A flexible benefit design
- A single claim form and one-time claim notification
- Broad coverage for total disability, with incentives for
returning to work part-time
- Waiting periods that can start on the first day of a disability
- even if the employee works part-time
- Cost control through claims monitoring
- Proactive claims management to help employees to return to
work
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