Why is Disability Insurance Important for Businesses?
Disability insurance is essential for businesses for several reasons. Firstly, it supports employee retention by offering a safety net, making the company more attractive to current and potential employees. Secondly, it helps maintain productivity by reducing stress and financial concerns for employees who might be worried about an unexpected disability. Lastly, it protects the business from the financial strain that could occur if a key employee becomes disabled and is unable to contribute to the company's success.