Most employees probably purchase auto, home and life insurance to protect themselves against the threat of loss. But they may not understand the importance of insuring a portion of their income against the threat of disability. The likelihood of disability is greater than most people realize, and they often find that they are ineligible for benefits many of them might take for granted. Consider these recent statistics:

• Nearly one out of three Americans between the ages of 35 and 65 will become disabled for more than 90 days.
  

  American Council of Life Insurers, 2001 Life Insurers Fact Book

• In 2003, 9.9 million American workers suffered disabling off-the-job injuries not covered by workers' compensation, while just 42,300 disabling injuries occurred on the job.
  

  National Safety Council, "Injury Facts," 2004 edition

• From 1965 to 2003, the Social Security Administration denied 57 percent of applications for disability benefits.
  

  Social Security Administration, www.socialsecurity.gov, "Applications for Disability Benefits & Benefits Awards" as of February 12, 2004

The need for disability insurance is clear and The Standard Life Insurance Company of New York offers products and services that meet the diverse needs of employers and employees.

Group Short Term Disability: Provides weekly benefits for employees who are partially or totally disabled by a covered physical disease, injury, pregnancy or mental disorder

Group Long Term Disability: Provides monthly benefits for employees who are partially or totally disabled by a covered physical disease, injury, pregnancy or mental disorder

Did You Know?

Compared to their covered counterparts, workers without adequate psychiatric coverage skip 1.5 to 3.2 more days of work per month.* Click to learn about the Employee Assistance Program provided by Horizon Behavioral Services to most of The Standard's LTD policyholders.

*Johns Hopkins School of Public Health, "The Millbank Quarterly", April 2000

GPNY0500-LTD, GPNY0500-STD