Disability is a form of insurance that protects a portion of an employee’s income if they experience an illness or injury that prevents them from working. There are two types of disability insurance, short-term and long-term. The primary difference between the two types is the period of time the benefits can be used.

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Why it's important to offer:

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• Benefits to employees: Offering disability insurance to your employees ensures they are protected if they succumb to severe illness or injury.
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• Why it's important: The benefits of offering disability insurance are crucial for both employees and employers. For employees, it provides a safety net, offering financial support to cover living expenses and medical costs when they are unable to work. This helps prevent financial hardships and ensures that employees can focus on their recovery without the added stress of income loss. For employers, disability insurance can contribute to employee retention, as it demonstrates a commitment to the well-being of the workforce and helps maintain a stable and loyal team.

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