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Voluntary Long-Term Disability Insurance

During their career, men have a 43% chance and women a 54% chance of a serious disability.*

How would your employees get by if they became disabled? Can you help them prepare for this possibility without incurring additional expenses for your company? Voluntary Long-Term Disability Insurance from Principal Life Insurance Company (Principal Life) offers an affordable solution. Employees can purchase voluntary disability at lower group rates that can keep your business - and your employees - protected.

Standard Features:

  • Available to groups with 10 or more enrolled employees
  • Ability to offer two choices - one at a lower cost - of employee benefit options using Employee Choice
  • Flexible benefit options to tailor a plan that fits your employees' needs
  • Total disability not required to qualify for benefits
  • 24-hour coverage for work and non-work related disabilities
  • Provisions that encourage employees to return to work

Optional Features:

  • Return to work childcare - assists with childcare expenses
  • Dependent education - assists with secondary education costs of a dependent child
  • Retirement supplement benefit - contributes money towards a retirement product for your employees in the event of total disability

For more information

*Source: www.soundfinancialplan.com

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IN17551-1
06/2006

 

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