Short-Term Disability Introduction (051)
Note: This product is available in certain
states in which our 051 Group Disability product has been approved.
Short-term disability (STD) insurance from Principal Life offers a full range of features to help cover employees' financial losses while encouraging return to work.
- Flexible benefit designs with a range of benefit percentages, maximums and benefit options
- Coverage for total and partial disabilities
- Provisions to encourage employees to return to work whenever feasible
- Optional 24-hour coverage for both work related and non-work related disabilities
- Most routine STD claims are approved with pre-certified payment durations, setting timeframes for benefit payments and expectations for returning to work, barring unforeseen complications
- Employee Assistance Program (EAP) - Choice of three options with fully insured coverage