Christopher C. Babcock graduated with a DMD degree from the University of Louisville, and is currently practicing as an oral and maxillofacial surgeon at Louisville Oral Surgery and Dental Implants. Christopher C. Babcock is experienced in various dental and reconstructive surgery procedures and has also promoted disability insurance awareness.
Long-term disability (LTD) insurance is an insurance policy that covers employees from loss of income when they suffer from the effects of an illness, accident, or injury over a long period of time. However, the insurance does not always apply to work-related injuries that may be covered by separate workers’ compensation insurance policies.
Often, LTD insurance is paid for and provided by employers. If an employer does not offer LTD insurance to its employees, or if an employee seeks additional coverage, the employee can independently purchase an individual LTD plan from an insurance agent. Some employers that do not provide LTD insurance to their employees build a relationship with long-term disability insurance companies, to ensure that their employees receive discounts when purchasing individual plans.
Occasionally, LTD insurance provided by an employer may not be sufficient to meet the needs of a disabled employee. In this case, the employee may opt in to an additional individual plan.