LTD Information Blog

If you’re considering purchasing disability insurance or already have a policy, you may be wondering about the tax implications. One common question our long-term at hear is whether disability insurance premiums are tax-deductible in Pennsylvania. The answer isn’t always straightforward, as it depends on various factors, such as the type of disability insurance and who […]

If you’re involved in managing an employee benefit plan in Pennsylvania, you may have come across the term “ERISA bond.” But exactly what is an ERISA bond, and what does it cover? Let’s explore the ins and outs of ERISA bonds, their importance, and their specific application in the Keystone State. Understanding ERISA Bonds ERISA, […]

If you’re employed in the private sector, you’ve likely heard of ERISA, but you may be unsure whether your employee benefits fall under this federal law. You may wonder, “How do I know if I have an ERISA plan?” Understanding the difference between ERISA and non-ERISA plans is crucial for knowing your rights and your […]

When it comes to employee benefits, the Employee Retirement Income Security Act (ERISA) plays a crucial role in protecting workers’ interests. However, not all employee welfare plans fall under ERISA’s jurisdiction. Understanding what makes an employee welfare plan exempt from ERISA regulations is important for both employers and employees. Understanding ERISA and Employee Welfare Plans […]

If you’ve been injured or fallen ill due to work-related circumstances, you may be curious: can you collect workers comp and long-term disability at the same time? In short, yes, it’s possible, but the situation can be complex and whether it’s possible depends on various factors. Understanding Workers’ Compensation and Long Term Disability Before going […]

When expecting a child, many soon-to-be parents in Pennsylvania wonder about their financial options during maternity leave. One question that often arises is, “Does long-term disability insurance cover maternity leave?” The short answer is that while long-term disability (LTD) typically doesn’t cover routine maternity leave, it may provide benefits in certain pregnancy-related circumstances. Understanding Long-Term […]

Many people with severe disabilities in Pennsylvania qualify for long term disability insurance benefits and Social Security disability. However, because the application process for a Social Security disability claim can take a year or longer, people may start receiving their long term disability insurance benefits before their Social Security claim is approved. This delay can […]

Many Pennsylvania residents hesitate to purchase a long term disability insurance policy because they’re worried about the cost. But the cost of long term disability insurance pales in comparison to the impact of not having the financial support you need when you can’t work for an extended period. That’s why we urge everyone in Pennsylvania […]

Many public and private employers in Pennsylvania offer long term disability insurance as a benefit, but have you ever asked, “What does long term disability cover?” It’s a fair question, particularly if you’re dealing with a disability and are trying to plan for the future. Understanding what long term disability insurance covers can help you […]

When you can’t work due to a long term disability, understanding how much your insurance policy will pay is crucial. In Pennsylvania, long term disability benefits aim to replace a significant portion of your income, usually between 50-80 percent of what you earned before your disability. Each policy varies, and the amount you receive can […]