Disability Insurance
Rochester’s Trusted Disability Insurance Advisors for Growing Businesses
Century Benefits Group provides comprehensive group disability insurance solutions for New York State businesses, helping employers meet New York State requirements while offering enhanced disability coverage options. We specialize in group disability plans, paid family leave benefits, and individual disability policies that help protect your workforce’s income when illness or injury prevents them from working.
New York State Disability Insurance Requirements
New York State law mandates that every business provides short-term disability insurance and works compensation for employees. The statutory minimum disability benefit covers 50% of wages up to $170 per week for six months when you’re unable to work due to off-the-job injury or illness. Some business owners are not aware they are required to offer short-term disability and workers compensation in New York State. Fines can be as high as $5,000 from the department of Labor by not implementing these plans.
We ensure your company stays compliant while exploring enhanced disability coverage that provides real income protection for your team.
Types of Disability Insurance for Your Employees
Smart employers recognize that basic state disability benefits fall short of covering living expenses when employees become disabled.
Group Disability Insurance Plans
Your company pays for increased benefit levels, typically 60-70% salaries. This disability insurance helps protect employee welfare while providing predictable costs.
Voluntary Employee Disability Coverage
Employees choose their disability insurance plan through payroll deduction. Costs your company nothing while giving workers income protection.
Individual Disability Income Insurance
“Own occupation” protection for key employees provides disability benefits when they’re unable to perform their specific job duties.
Income Protection That Helps Pay Living Expenses
Group disability plans deducted pre-tax save employees approximately 30% on costs. A $100 monthly premium becomes just $70 in after-tax income reduction. We educate both employers and employees about these tax benefits, ensuring everyone understands how disability insurance can help maintain their lifestyle.
Employees who become disabled continue living with mortgages, utilities, groceries, and medical bills. Basic state disability benefit of $170 weekly cannot help replacing the lost income needed to maintain your lifestyle. Short and long-term disability insurance replaces a portion of your income for ongoing daily expenses when you’re unable to work due to serious illness or injury.
Most employees don’t realize how disability could devastate their ability to earn a living until it’s too late.
Disability Insurance Plan Pricing for Every Business
Small Companies (Under 50 Employees)
Community-rated group disability insurance provides predictable costs based on employee count. Your rates stay stable regardless of the causes of disability claims.
Larger Companies (50+ Employees)
Experience-rated disability coverage rewards good safety records and low claims. We analyze your three-year claims history to secure competitive rates for your disability insurance plan.
When You Need Disability Insurance
Annual Benefits Review
During yearly planning to compare disability benefits coverage against industry standards.
Business Growth Phases
When attracting quality employees who depend on your income, protection becomes essential.
High-Risk Industries
Manufacturing and construction businesses need stronger disability insurance for employees.
Compliance Concerns
When ensuring proper state disability requirements while avoiding costly fines.
Disability Coverage You Can Count On
We sit down with you annually to review your entire employee disability benefits package. This personal consultation allows us to:
- Compare your disability insurance against similar companies in your industry
• Identify opportunities to enhance disability benefits coverage to employees
• Explore cost-effective voluntary disability options within your budget
• Ensure continued compliance with New York State disability requirements
Most brokers handle renewals through email. Our in-person meetings build stronger relationships while uncovering improvement opportunities for your disability insurance plan.
Complete Claims Support When You Become Disabled
Filing disability insurance claims creates stress for employees already dealing with illness or injury. We guide your team through the entire process when they’re unable to work, handling paperwork and following up on claim status. With proper HIPAA releases, we communicate directly with the life insurance company, reducing your employees’ burden during difficult times.
This support transforms a complex disability insurance process into manageable steps.
Ready to Help Protect Your Workforce Income?
Schedule Consultation
Meet face-to-face to discuss your specific disability insurance needs and current coverage gaps. Get a Quote
Get Custom Quote
Receive pricing for disability benefits coverage tailored to your business size and budget.
Review of Current Benefits
Compare your existing disability coverage against industry standards and compliance requirements.
Connect With New York State Disability Insurance Experts
Every day without adequate disability insurance puts your employees’ financial security at risk when they can’t work. Whether ensuring basic compliance or creating competitive disability benefits coverage, we design solutions fitting your budget and goals.
Contact Century Benefits Group today to discover how group disability insurance strengthens your employee benefits program and helps protect income.