Group Disability Insurance
Group short-term disability
Feliciano Insurance represents short-term disability companies that offer relief to the employee and the employer when such events occur.
The strength of the short-term disability plans is flexibility. They’re available to employers of all sizes and can be employer paid or voluntary. Feliciano Insurance customizes plans to fit everyone's needs.
- Guaranteed Issue
No evidence of insurability required if the employee is at work on the effective date of coverage, or if employee rolls during his or her eligibility period.
- Rate Guarantee
For some companies with groups with less than 150 employees, a two year rate is available subject to underwriting approval. Groups with more than 150 employees receive a standard one year rate guarantee.
- Definition of Disability
Insured employees unable to perform the essential duties of their regular occupation and as a result or earning 20% or less of pre-disability earnings are considered totally disabled. Some companies short-term disability plans focus on capabilities, not limitations, others require a period of total disability for a climate to qualify for benefits.
Group Long-term Disability
When a disability occurs, employers suffer financial burdens with direct costs and lost productivity. Feliciano Insurance works with companies to work to reduce the impact of providing flexible plan design options, affordable rates, and quick and accurate claims processing as well as employee assistance plans, and return-to-work incentives.
Differences between insurance carriers:
2. Key Features
- Available for groups and sizes
- Rate Guarantee
- Contribution/Participation Requirements
- Seamless Claim Management
- What is the Maximum Benefit Percentage
- Benefit Duration
- Standard Elimination Period
- Definition of Disability Options
- Return-to-work incentives
- Progressive clinical and vocational rehabilitation programs, where available
- Social Security assistance.
Click here to contact Feliciano Financial Group via email or talk to one of our experienced Group Insurance agents at 1.800.436.1213 (8am - 5pm CST)
Disability Insurance Information Resources
Group Health Information Resources