Long-Term Disability
Principal® offers employer-paid and voluntary long-term disability (LTD) solutions. Our flexible, unbundled products offer numerous benefit designs, with a variety of benefit percentages, maximums, benefit durations, own occupation and elimination periods. An employee assistance program (EAP) is available to all employees covered by group employer-paid or voluntary LTD.*
Advantages of disability insurance from Principal:
- *Or* definition of disability allows employees who aren't totally disabled to qualify for benefits.
- Immediate impact of a disability is recognized. Unable to earn 80% of income details.
- Extended earnings protection benefit is available. Learn how it can supplement employee's income.
- An industry leader in claim service, we have an in-house claim management team and return-to-work consultants. Learn how we get employees back to work.
- Single form for short- and long-term disability claims.
Enhance any disability package by adding benefits.
- Medical Premium Supplement
- Cost of Living Adjustment (COLA)
- Return to Work Childcare Benefit
We offer employer-paid coverage for groups with as few as three lives, and voluntary coverage for groups with as few as five lives. Availability of options may vary by state.
*Not all services available to group policies issued in New York.
Employee assistance program (EAP)
Available with employer-paid or voluntary group disability insurance, an EAP helps employees and their families handle life's everyday, and not so everyday, challenges. In addition, it provides organizational support such as: workplace support services, critical illness response services, professional guidance, and training.
Clients automatically receive Core services* with their Principal short-term or long-term disability coverage. For an even more comprehensive level of service, they can choose Premier services*. Compare service level details.
EAP isn't part of the insurance contract or policy and may be changed or discontinued at any time.
W-2 & FICA Tax Services
Available to all group disability insurance customers, clients can use our W-2 preparation and FICA services for no additional charge. Get the details about these services.
*Not all services available to group policies issued in New York.
Key materials listed below.
Group Disability - Marketing Guide (GP53704)
Comprehensive overview of traditional and voluntary short-term and long-term disability products.
Key materials listed below.
Group Disability - Employer Overview (GP53705)
Easily identifies employers’ options for disability coverage, and the choices within each option.
Group Disability - Contract Details (GP60606)
Definitions of LTD, STD Own Job, income loss and extended earnings.
- Contact your local sales representative.
2465065-112022