Group Disability Income Insurance
A disabling illness or injury may be more common than you might think. Being disabled could involve an illness (such as heart disease, cancer or arthritis) or an injury (such as back sprains, tendonitis, carpal tunnel syndrome and more). In other words, anything that keeps you from being able to do the essential duties of your occupation. Through your employer, we can offer a number of disability products to help you financially while you're unable to work. These include:
- Supplemental Disability Income Insurance
- Short-Term Disability Income Insurance
- Long-Term Disability Income Insurance
- Voluntary Disability Income Insurance
Supplemental Disability Income Insurance
Voya™ Employee Benefits offers a supplemental or buy-up option that gives you the opportunity to purchase additional coverage above what is provided by your employer.
Short-Term Disability Income Insurance (STD)
If you become disabled (as defined in the policy) and are unable to work due to illness or injury for a specific period of time, STD coverage provides weekly income benefits after the policy's benefit waiting period has been met. At the same time, we work closely with you and your physicians during recovery, monitoring your recovery and assisting with your transition back to work.
Long-Term Disability Income Insurance (LTD)
A long-term, disabling illness or injury could affect your family's financial security. LTD coverage provides monthly income benefits after the policy's benefit waiting period has been met, if you have an illness or injury and are unable to work for a prolonged period of time. Additional benefits include a managed plan that works closely with you and your physicians during recovery.
Voluntary Disability Income Insurance
At Voya Employee Benefits, our voluntary disability income products are available through the convenience of payroll deduction. You can choose from different coverage options, selected by your employer, that are designed to help meet your individual needs.
Voluntary Short Term Disability (STD):
If you become disabled (as defined in the policy) and are unable to work due to illness or injury for a specific period of time, Voluntary STD coverage provides weekly income benefits after the policy's benefit waiting period has been met. This payroll-deduced coverage is 100% employee-paid.
Voluntary Long Term Disability (LTD):
If an illness or injury sidelines a covered person for a prolonged period of time, Voluntary LTD coverage provides monthly income benefits after the policy's benefit waiting period has been met. This payroll-deducted coverage is 100% employee-paid.
Premier Disability Income:
To help prepare for an unexpected disability that results in loss of income, you can choose your desired monthly benefit coverage amount, subject to income replacement guidelines. This payroll-deducted coverage is 100% employee-paid.
Voya Employee Benefits insurance products and services in the U.S. are provided by ReliaStar Life Insurance Company (Minneapolis, MN) and ReliaStar Life Insurance Company of New York (Woodbury, NY). Within the State of New York, only ReliaStar Life Insurance Company of New York is admitted, and its products issued. Both are members of the Voya family of companies. Product availability and specific provisions may vary by state. Each insurer is solely responsible for the financial obligations under the policies or contracts it issues.