Key Information
For residents of:
Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, Pennsylvania, South Dakota, West Virginia, and Wisconsin.
Benefits-at-a-Glance
Rapid Pay Income Replacement SM
For Short-term Disability
The Industry's Fastest Claim Payments
With Rapid Pay, the waiting is over! Rapid Pay Income Replacement provides advance payments to a disabled employee while the claim is being adjudicated. It's that fast!
The Problem with Traditional STD
Employers purchase Short-term Disability (STD) insurance to replace weekly earnings lost when an employee becomes disabled. Traditional STD does not assure that a disabled employee will actually receive benefits for a short term interruption in earnings during the short term.
The typical STD claim process relies upon a physician's verification as the trigger for initiating benefit payments. Not surprisingly, the weak link in this process is the time lost in seeking necessary information from the physician. Lengthy delays in issuance of benefit payments is the result, which can often take up to 4 or more weeks. For most household budgets, the first 4 weeks are the most critical!
Slow Claim Payments Defeat the Purpose of STD
Initial Payment
Rapid Pay changes all of this with payment to the employee in 2 days!
When earnings stop and benefit payments take weeks to arrive, the employee is forced to dig into savings, borrow money, or do without.
When earnings stop and benefit payments take weeks to arrive, the employer is under pressure to explain why.
With traditional STD, many claimants don't see a check until they are already back to work.
