As employers continue to move away from fully funding benefits, demand for voluntary product solutions to help fill the gaps continues to grow, and long-term disability is no exception. In Eastbridge’s 2014 MarketVision: The Employer Viewpoint™ report, the percent of employers offering LTD as a fully employer-paid benefit was 51% in 2009, 28% in 2012 and only 24% in 2014. With these significant changes and the general growth of the voluntary market overall, the opportunities for increasing voluntary long-term disability sales are promising.
The purpose of this report is to review the current state of the voluntary long-term disability (VLTD) market. In addition, the report takes a close look at the voluntary long-term disability products of 17 carriers representing 19 different plans. For each carrier, the topics examined include:
The report will help carriers better understand this market, how their product “fits” relative to the competition and whether any changes or updates are needed.
The cost of the report is $3,000. To purchase, call
Eastbridge Consulting Group, Inc. is a marketing advisory firm serving insurance and financial services organizations in the United States and Canada.