DISABILITY STATISTICS
51M
At least 51 million working adults in the United States are without disability insurance other than the basic coverage available through Social Security.1
1 in 4
More than one in four of today’s 20-year-olds can expect to be out of work for at least a year because of a disabling condition before they reach normal retirement age.2
$400
Almost half of American adults indicate they can’t pay an unexpected $400 bill without having to take out a loan or sell something to do so.3
Short-Term Disability
When an accident or illness leaves an employee disabled, Disability insurance from ManhattanLife can help. It provides a monthly benefit while the employee is no longer able to work, helping pay bills, covering housing costs, food, car payments or additional medical costs. Benefits begin the first day after the waiting period and are payable through the duration of the benefit period, or until recovery, whichever occurs first.
BASE COVERAGE
Benefit Period of 3, 6 or 12 Months
Coverage Options
Elimination Period
Partial Disability
Waiver of Premium
BENEFITS
Attract and Retain Top Talent
Expand Benefits
Simplified Billing Through Ease of Payroll Deduction
Peace of Mind
All plans contain additional benefits. Please contact us at VBSales@manhattanlife.com to learn more.
This is not a policy of workers’ compensation insurance. The employer does not become a subscriber to the Workers’ Compensation System by purchasing this policy, and if the employer is a non-subscriber, the employer loses those benefits that would otherwise accrue under the Workers’ Compensation Laws. The employer must comply with the Workers’ Compensation Law as it pertains to the non-subscribers and the required notifications that must be filed and posted.
Sources for statistics:
1Council for Disability Income Awareness;
2Social Security Administration;
3Federal Reserve: Report on the Economic Well-Being of U.S. Households in 2016