- TPS Group
- Areas Served
- Westbrook, ME
- TPS Group Medical
- Long and Short Term Disability
Long and Short Term Disability in Westbrook, ME
Attracting and retaining top-tier employees should be a top priority within your company. Offering disability insurance will not only give your employees peace of mind, but help you compete with other companies that may be offering it.
Unfortunately, people usually think of disability insurance only after a disability affects them or someone they know. With people living paycheck to paycheck, they don’t have savings to cover a disability that could run anywhere from 6 weeks for maternity leave to years due to chronic conditions or diseases like cancer.
Short-term and long-term disability insurance are both designed to provide replacement income to your employees in the event that they are unable to work due to accident or sickness. The definition of disability and the conditions under which one can collect benefits will differ depending on the policy and state. TPS Group is well-versed in the varying state regulations regarding disability insurance and can help prepare you, your business, and your employees by creating a plan that is custom fit for your company.
TPS Group Offers
Group Disability Plans in Westbrook, ME
Individual Disability Plans in Westbrook, ME
Why Offer Disability Insurance?
Attracting and retaining top-tier employees should be a top priority within your company. Offering disability insurance will not only give your employees peace of mind but help you compete with other companies that may be offering it. By offering a quality benefit plan that gives your employees financial security, your business reduces turnover and increases employee loyalty. Getting your employees back to work is not just critical for the employee and their families, but for you- the employer. TPS Group offers flexible Disability Plans in Westbrook, ME, that help benefit everyone that is involved.
What's the difference?
The most obvious difference between the policies is the amount of time they are designed to sustain one’s income. A short-term policy covers you for a select period up to a maximum of two years; a long-term policy will cover you for a select period of a minimum two years. Based on a number of factors, TPS Group can help you decide which type of disability coverage is right for your company
For more information on Short & Long-Term Disability Plans in Westbrook, ME, Contact TPS Group Today.
Related to: Group Medical Consultants in Westbrook, ME, Employee Group Benefits in Westbrook, ME, Group Life & Health Insurance in Westbrook, ME
Further Reading: Long and Short Term Disability
Resources
Internal Revenue Service (IRS)
- Federal tax laws, rules and forms
- Businesses and individuals
- Independent contractor rules for IRS
U.S. Department of Labor (DOL)
- Federal wage and hour law
- Exempt and non-exempt employee status
- Compliance assistance
- Independent contractor rules for DOL
Employee Benefits Security Administration
Benefit plan compliance and assistance (health and retirement) COBRA HIPPA
Affordable Care Act Information and Health Insurance Marketplace
U.S. Bureau of Labor Statistics (BLS)
Labor statistics & wage data