Why Employers Should Offer Long-Term Disability (LTD) Benefits

Long-term disability (LTD) benefits are often overlooked—but they play a critical role in protecting both employees and the organization. Here’s why they matter:

🔹 Protects Business Stability

• Shifts financial risk away from the employer

• Avoids unplanned salary continuation or extended sick leave

• Reduces reliance on overtime or temporary staffing

• Helps minimize legal and operational disruption

🔹 Supports Legal & HR Responsibilities

• Assists with duty to accommodate (Canada)

• Includes case management and rehab support

• Provides return-to-work coordination

• Reduces administrative strain on HR teams

  
  

🔹 Strengthens Employee Wellbeing & Mental Health Support

• Gives employees peace of mind and financial security

• Builds trust and improves workplace morale

• Supports mental health (a leading cause of LTD claims)

• Includes early intervention and access to professionals

• Helps shorten and reduce the severity of disability leaves

  
  

🔹 Improves Retention & Attracts Talent

• Encourages employees to stay long-term

• Demonstrates meaningful support during life’s challenges

• Differentiates your organization in competitive hiring markets

• Signals stability and a strong benefits offering

  
  

🔹 Creates Cost Predictability

• Fixed, predictable premium costs

• Protects against unexpected salary expenses

• Reduces impact of absenteeism on budgets

• Transfers financial risk to the insurer

  
  

🔹 Reinforces a Strong Workplace Culture

• Shows commitment to employee care beyond productivity

• Aligns with values of responsibility and wellbeing

• Builds trust, loyalty, and engagement

  
  

🔹 Promotes a Healthier Workforce

• Encourages early treatment and reporting

• Supports faster recovery and return to work

• Reduces presenteeism (working while unwell)

  
  

🔹 High-Value, Cost-Effective Benefit

• One of the most impactful benefits for its cost

• Provides significant financial protection

• Supports both employees and the business long-term

  
  

💡 Key Employee Advantages

• Income protection if unable to work (potentially to age 65)

• Government disability benefits are limited and can be harder to qualify for

• Access to rehab, treatment, and return-to-work support

• Covers common and unpredictable illnesses (mental health, cancer, chronic conditions, etc.)

  
  

📌 Important Note

• LTD plans are typically mandatory to maintain plan sustainability

• Opt-outs are rarely allowed, as they can weaken the overall plan

We're here to help!! Should you have any inquiries, please contact Regroup Beyond Benefits at 1-888-824-0010 or via email at servicenow@regroupbenefits.com.