Larry Madama & Associates

Group Disability Insurance for Your Company

What are the chances of an employee becoming disabled?

Chances of a Disability Lasting 90 Days or More Prior to Age 65
Number of Employees in Group
Age	1	2	3	4	5	10+
25	29.7%	50.6%	65.3%	75.6%	82.8%	97.1%
30	29.4%	50.1%	64.8%	75.1%	82.4%	96.9%
35	28.8%	49.4%	64.0%	74.4%	81.8%	96.7%
40	28.2%	48.4.%	63.0%	73.4%	80.9%	96.4%
45	27.1%	46.8%	61.2	71.7%	79.4%	95.7%
50	25.3%	44.2%	58.3%	68.8%	76.7%	94.6%
55	22.6%	40.0%	54.5%	64.0%	72.1%	92.2%

What happens if an employee is disabled?

What would be the impact on the company's:

Advantages of a Group Disability Insurance Policy
Employer Advantages	Employee Advantages
Tax deductible business expense Helps attract and retain quality employees Relieves moral obligation to pay disabled employees Less expensive than self-insuring the risk Insurance company manages the claim Frees up funds to pay a replacement employee Increased employee moral Surprisingly affordable	Continuation of income when sick or hurt Continuation of income during childbirth Employee can continue to meet financial obligations Security and peace of mind No evidence of good health required (most cases)

Consider this flow chart:

	Premium Cost
Plan Type	Employer	Employee	Benefits During Disability
Traditional Employer Paid Group Plan	Pays premium and deducts as business expense	Not taxable	Taxable income
Bonus Plan	Bonuses premium to employee and deducts as business expense	Taxable income to employee	Tax free
Personal	-	Employee pays with after-tax dollars	Tax free

Group Disability Insurance Quote Request

You will need to email us a fully completed census form.

Follow these instructions:

Open the attached MS Excel Worksheet.
Save the file to your computer using the name of the group client as the name of the file.
Complete the census form by providing all necessary information.
Save your changes.
Email the census form to service@disabilityinsurance.net

Please call (800) 523-8598 if you need help.