7 Reasons to Consider Optional Disability Top-Up

Updated: Jul 27

If you're an employer trying to create an inclusive workplace and attract and retain great staff, you might want to consider Optional disability insurance top up. Please book a meeting if you'd like to chat or get a quote.

Employee-paid benefit premiums like Long Term Disability can be tough to navigate as an employer when you’re dealing with up to 5 generations in a single workplace. Some employees think they’ll never get sick or injured while others are stressed about being grossly underinsured.


Previously, benefits like Long Term Disability were either “all or none” or individual employees had to answer detailed medical questionnaires to increase their benefits to match their income.


If you’re trying to build an inclusive workforce, you may want to consider optional disability for your team.

1) 1 in 3 Canadians will be disabled to an injury for 90 days or more: The way that employers show up for employees when they need it most impacts the way your organization is perceived by your team.


2) Your organization benefits: By giving individual employees the option to fill income gaps in their own coverage –and by their own choice – makes a more inclusive workplace. This helps attract and retain staff.


3) No need to disrupt your current plan: As an organization, you can maintain your current benefits and Non-Evidence maximum while giving individual employees the power to choose what works for them.


4) Increased understanding and perceived benefits: An employee who goes on disability insurance claim and is surprised by the amount of income replacement they are actually receiving. Increasing your team’s understanding of what benefits they do have, as well as what they are eligible for, is a win-win.


5) High income-earners benefit: Benefits pay in addition to any other disability insurance coverage that an individual may have, reducing the loss of income if a disability occurs.


6) Benefits are paid directly to insured plan members: 55% of Canadians live paycheque to paycheque. Half have no savings for an emergency like an injury or sickness, according to InvestmentExecutive.com. Benefits paid can help a plan member meet their ongoing financial obligations and focus on getting better.


7) Added benefits: Many disability programs only pay if an employee is totally disabled. Partial disability with some optional programs means that employees receive some benefit if they are able to return to work, but not at full-time capacity.


We’d love to chat about optional disability for your team. Please book a meeting when it’s convenient for you.