Even people who work at companies that cover the cost of some disability insurance may require extra coverage, especially if they have children or dependents.
(PRWEB) November 13, 2011
The team at the Alliance Group of Western New York knows that not many people consider their employee benefits on a regular basis. However, things like health coverage and NY State disability insurance should not be taken for granted. As open enrollment for company benefits is approaching for many New York workers, the Alliance Group of Western New York urges them to consider all of their options.
When it comes to NY State disability insurance, many employees opt out of coverage because they do not want to contribute to the costs that their employers do not cover. However, here are some things that workers should think about before making a final decision:
- Employees who sustain injuries outside of work will not be eligible for workers’ compensation benefits, so they would not be compensated for lost wages over any extended period of time.
- Even people who work at companies that cover the cost of some disability insurance may require extra coverage, especially if they have children or dependents.
- Workers can enroll in group disability coverage at any time, but those who wait until after open-enrollment periods may find that they are denied coverage later if they develop certain medical conditions.
- Group policies can cover employees for up to two years if they cannot return to their job. These funds can be invaluable for New York residents who would otherwise be left without any income during this time.
The experts at the Alliance Group of Western NY understand that some companies may boast great group plans for health and dental coverage, but it’s also important for workers to consider their other options such as NY State disability insurance. While having this type of coverage may not appear to be an immediate necessity, it will certainly be worth the price if an individual were ever to face a situation in which they were disabled for a period of time.
About The Alliance Group of Western NY:
Founded in 1993, The Alliance Group of Western NY is an independent New York insurance agency. As such, the agency is fully equipped to represent the distinct needs and interests of each client they serve – not the interests of any one insurance company. As a result, The Alliance Group of Western NY is able to offer prospects customization, choice and a level of consultation not found with a direct writer or online insurance provider. The agency’s experienced agents will research each client’s options and craft a personalized, competitively-priced New York state insurance protection program exclusive to their coverage requirements.