When an employee faces an extended illness and has exhausted all available leave, the decision on how to proceed can be one of the toughest challenges for an executive or board. A Group Long-Term Disability (LTD) Plan can help protect both your employees and your organization by providing financial security and clear decision-making support.
Why Offer Long-Term Disability Insurance?
An employer-paid LTD program eliminates the need for difficult decisions by ensuring that employees receive income protection when they can no longer work due to illness or injury.
- Who’s Covered? All full-time (30+ hours), permanent employees
- When Do Benefits Begin? After a designated elimination period (typically 90 or 180 days)
- How Long Do Payments Last? Until the employee can return to work or reaches age 65
- What’s Covered? Partial salary replacement (usually 60%) to support employees during extended absences
How LTD Benefits Employers
- Objective Decision-Making – The insurance provider, not the employer, determines an employee’s eligibility for disability payments and when they can return to work.
- Financial Stability – Employees facing a long-term disability won’t be left without income, helping them avoid financial hardship.
- Workplace Continuity – By having clear policies in place, your nonprofit can maintain stability while supporting employees during difficult times.
Flexible Coverage for Nonprofits of All Sizes
Our Group LTD Plan, provided by Lincoln Financial Group and sold through Gorges & Company, Inc, is available for organizations with as few as two employees. This essential benefit ensures that your team has the protection they need while relieving leadership from making difficult, case-by-case decisions.
To learn more, contact Rob Cannon from Gorges & Company.
