Executive Disability Income
Offering Coverage That Surpasses Group Long-Term Disability.
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Protect More of an Executive's Total Compensation.
Evaluating existing disability coverage is crucial when integrating group and individual disability plans. Executive Disability Income (EDI) covers total compensation, including incentive compensation, equity and nonqualified benefits, and the individual policy is portable. A competitive income replacement program combining Group Long-Term Disability and EDI could help differentiate the company, retain key executives and attract new, top-tier talent.
Why Executive Disability Income?
Advantages for the Executive:
Protects
more forms of total compensation
Provides
enhanced contract provisions
Portable
individual policy
Advantages for the Company:
Helps
shift disability-related compensation liability
Enables
the company to cap corporate responsibility contract
Support
attraction and retention of key executives
