Why is the Comprehensive Disability Protection Concept Needed?

Because many Group LTD programs provide inadequate benefits:

Many do not insure incentive compensation
Many insure very low levels of total compensation
Many provide taxable benefits
Few, if any, insure contributions to 401(k) and profit sharing plans
None insure accruals and contributions to non-qualified deferred compensation plans

The result: the potential for a catastrophic loss of income and retirement assets for disabled employees.

LTD Benefit is 60% of first $250,000 of salary
Base Salary	$100,000	$ 200,000	$ 400,000
Bonus	0	$ 40,000	$ 150,000
After Tax Spendable Income	$80,000	$180,000	$375,000
After Tax LTD Benefit	$48,000	$90,000	$112,000
Income Loss	$32,000	$90,000	$263,000
Loss of Spendable Income	40%	50%	70%