Protect Your Employees With Disability Insurance

Protect your employee’s ability to earn paychecks with disability insurance.

Imagine how difficult it would be if an employee unexpectedly couldn’t work. Could they afford to take a few weeks off? What about a few months or even a year? 78% of Americans would experience financial difficulty if their next paycheck was delayed for just one week.* Group Disability Insurance from New York Life pays a portion of their salary if they must take time off work for a limited period due to disability.

This coverage can include employees, executives, and business owners. Plus, we have different premium payment options that could offer tax benefits to business owners or voluntary plans with no direct costs to employers. Here are the options:

a. Employer paid - 100% of the premium is covered by the employer.
b. Voluntary1 - 100% of the premium is paid by the employee.
c. Contributory2 - Employers and employees share the cost of the premium.
d. Supplemental3 - Employers can also give employees the opportunity to purchase additional coverage for themselves, or dependent coverage, in addition to their employer-paid benefits.

Why disability insurance from New York life?

1 in 4 of today's 20-year olds can expect to be out of work for at least a year because of a disability**

Maternity is the most common cause of short-term disability claims among female employees.**

The agent advantage a highly trained financial professional will directly work with you and your employees.

5-year rate guarantee for small groups with 2-9 employees.

You can offer a valuable solution with short- and long-term disability insurance, which provides partial income replacement in the event of an illness, injury, or pregnancy. Short-term disability insurance protects your employees for a short period of time, and long-term disability insurance can step in where short-term disability leaves off. Long-term disability policies provide your employees with partial income replacement when they are unable to work due to illness or injury for an extended period.

New York Life has also received the highest financial strength ratings currently awarded to any U.S. life insurer. Click here to see what the rating agencies say about New York Life.

If you’re looking to protect your employees, we have solutions.

Provide your information, and we’ll give you a call.

This helps us understand your immediate needs.


New York Life Group Short-Term and Long-Term Disability Insurance are issued by New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010.

New York Life’s Group Disability Insurance program may be subject to the Employee Retirement Income Security Act of 1974 (ERISA).

You should consult with your tax and legal advisors regarding the applicability of ERISA to this program and your responsibilities, if any, under the program.

New York Life, its subsidiaries, agents, and employees do not provide legal or tax advice.

This policy has exclusions, limitations, and terms under which the policy may be continued in force or discontinued. For costs and complete details of the coverage, please contact your New York Life agent or the company.

*2023 PayrollOrg (PAYO) "Getting Paid In America" survey.
** Simply Insurance, "95+ Disability Insurance Stats & Disability Facts (Feb 2024)."

1Gross-up plans allow employers to include premium cost as salary increases in employees’ salaries, thus providing employees with potential tax-free payment benefits.
2Minimum participation requirement is 75% for contributory plans on groups with 10+ lives; higher participation requirements for groups with 2–9 lives.
3Minimum participation requirement is greater of 7 employees or 25% of eligible lives for voluntary plans. Available with employer-paid group plan.

EB-MKT-1041 (3/24)