Employee-paid

As much as you may want to provide top-notch benefits to all your employees, you may find that funding everything on your "wish list" is not economically feasible. Offering employees the opportunity to purchase individual disability income protection on a voluntary basis can solve that problem.

First, it locks in an additional source of income if they become disabled by an injury or illness. And because employees can pay for it through a small, regular payroll deduction, the benefits are tax-free. The policy is portable; when employees leave the company, they take the policy with them. That feature alone boosts employee appreciation and enhances perception of your company as "people-centric."

You'll appreciate the ability to offer income protection coverage without incurring significant cost; there's no negative impact on your bottom line.

All you need to do is endorse the program and sponsor enrollment. We'll take care of the rest.

Your company may qualify for Guaranteed Standard Issue underwriting depending on the number of employees you want to cover and the business objectives you'd like to achieve.

This information is provided as a courtesy by Berkshire Life Insurance Company of America and does not modify the provisions of any policy. It is offered for the purpose of education and information only and is not intended to constitute tax or legal advice. For information on your specific situation, please consult your personal legal or tax advisor.