Group Insurance Survey

Your employees work hard for your firm, and you work hard to provide benefits plans that reward those efforts. The Technology Association of Maine and a well known local carrier are working on an opportunity to provide a package of three valuable products created for TechMaine members.

• Group Long Term Disability (LTD)
• Group Short Term Disability (STD) and
• Group Term Life and Accidental Death and Dismemberment (AD&D)

This offering would provide benefits solutions that can be a valuable part of your compensation package. To insure we represent the needs of our members, we are asking that you take the time to complete a brief 2-page survey.

Long Term Disability - We know that while most people insure their lives, their homes, and other material assets, they often don't consider the need to protect the income that provides these things. Your risk of becoming disabled is far greater than you may think.

• More than 23 million Americans over the age of 15 are classified as severely disabled.
• Three out of 10 workers between age 25 and 65 will become disabled for 90 days or longer.
• That's why LTD coverage makes sense - it replaces a portion of your income, helping to ease the burden of everyday expenses. This coverage also includes a variety of benefits and services to help you and your family.

Short Term Disability - If someone depends on your income to help pay the bills, you need income protection. This insurance plan helps replace a portion of your income if you are unable to work due to a sickness or injury for a shot period of time. We know that while most people insure their lives, their homes, and other material assets, they often don't consider the need to insure the income that provides these things. However, statistics show that one in seven workers suffers a disability that lasts more than one week, and that without a paycheck, most people have just enough in savings to last, on average, five weeks or less. If you became disabled and were unable to work, the loss of your income could be significant for you and your family. That’s why STD coverage makes sense: it replaces a portion of your income, helping to ease the burden of everyday expenses. This coverage also includes a variety of benefits and services to help you and your family.

Group Term Life and Accidental Death and Dismemberment (AD&D) insurance - While no one likes to think about the possibility of dying, planning for your family’s financial security in the event of your death is one of the greatest gifts you can give your loved ones. Life and AD&D insurance helps protect your family from the economic hardships that could result when you are no longer able to provide for them. Life insurance helps your family maintain their standard of living. But is that enough? Because accidents are unexpected, families can be left without time to put their finances in order. AD&D insurance offers additional financial support should an unexpected death or accident happen.