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As employers are constantly looking to attract and attain talent, providing a comprehensive benefits solution is one of the top ways to remain competitive. Long-term disability insurance, in particular, is often an expected coverage option that provides employees with income protection while protecting an employer’s work force should a tragic event strike.

LTDI is more commonly included in benefits packages by larger companies, as 90 percent of employers with 500 or more employees offer LTDI, but less than 50 percent of employers with 10-99 employees offer LTDI, says Pat Murphy, president of life and disability business at WellPoint in Indianapolis. That trend is beginning to shift, though, says Bryan Brenner, founder and CEO at FirstPerson Benefit Advisors in Indianapolis. Considering most large employers have always had LTDI, small employers have had to adopt LTDI policies in order to remain competitive in the market. While LTDI is still more widely used by large employers, coverage is on the rise among small employers.

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