Disability Income protection plans provide replacement of the majority of an employee's salary if the employee becomes medically unfit to work. MHG's plans can be used as a benefit to augment an employer's obligation to a disabled employee.
Flexible Plan Features:
- Extensive flexibility and ease of administration
- Covers disability due to accident and sickness
- Can provide up to 75% of salary as benefit, and is normally paid in addition to any state benefits
- Short and/or long term disability benefits
- Choice of waiting period from 30 to 365 days
- All salaried occupations eligible
- Monthly income and/or lump sum for permanent total disability
- Minimal or no underwriting for groups
