Employees who are disabled and unable to work for an extended period of time may be covered financially by long-term disability insurance, which is an important type of insurance. This kind of protection commonly pays a level of a employee's compensation on the off chance that they become handicapped and incapable to work for an extensive stretch, regularly beyond 90 days.
The terms and conditions of long-term disability insurance policies can vary, including the length of time benefits are paid, the percentage of a person's salary that is covered, and the waiting period before benefits begin. As part of their employee benefits package, many businesses in the UAE, GCC, and KSA provide long-term disability insurance to attract and retain talented workers.
In the event of a long-term disability, long-term disability insurance can be an important part of a company's benefits package because it provides financial protection for employees and their families. Employers can use it to demonstrate their dedication to the well-being of their employees and to provide a competitive benefits package that can assist in attracting and retaining top talent.