Disability Premiums

Premiums are the amount that employers pay, or withhold from an employee’s paycheck, to offer disability insurance benefits.

Premium Rate Structure

Premiums are based on the employer’s covered monthly payroll, and the monthly rate for the plans the employer is enrolled in.¹

We calculate premium rates and disability payments using your employees’ covered compensation information in My Admin Portal (MAP). Please be sure to keep MAP updated.

Voluntary Policy Rates

Rates are higher because projected risk is also factored into employee-paid (voluntary) policy premiums (those with greater healthcare needs are more likely to purchase disability insurance than are healthier people).

Nonetheless, our policy array offers affordable solutions that can provide this important coverage to all employees.

¹ Effective January 1, 2020

Policy Number: CNYEX01112
Disability Insurance Disclaimer