Individual disability insurance (IDI)
Benefits to keep valued, skilled employees financially protected
To recruit and retain highly skilled employees, many employers are turning to more attractive, comprehensive benefits packages. Individual disability insurance (IDI) may be the addition their benefit plans need.
Group long term disability (LTD) provides an excellent foundation for income protection — but employees who earn a higher income may still be financially vulnerable. IDI complements group LTD coverage for a solution that makes sense.
Individual disability insurance can be a valuable addition to any benefits package. This coverage can help bring the best employees on board, and it can be tailored to meet the needs of a company's specific benefits budget.
Unum offers IDI in employer-paid, employee-paid or shared-funding plans. With this flexibility, employers can choose to pay for coverage for their highest earner — while allowing other employees to purchase it on a voluntary basis, at no direct cost to the company.
These options can help stabilize disability costs. Coverage is non-cancellable, and rates won't change.
Unum IDI customers can also customize their benefits enrollment and communication strategy in the most effective way for their workforce, while also demonstrating the true value of their benefits offering.
For employees, individual coverage provides more than an extra monthly benefit. When employers offer IDI in combination with a Unum group plan, employees will have just one point of contact at Unum for a streamlined experience. It's one less thing they have to worry about during a difficult time.
Plus, the individual disability policy is owned by employees, so they can keep coverage, even if their job status changes.
Skilled employees have worked hard to get where they are. Now, they'll appreciate the opportunity to protect more of their well-deserved income.