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3 Ways to Prepare for the Unexpected
Making the most of workplace benefits
Quite often, it is not until we have experienced a difficult situation like an accident, illness or COVID-19-related events that we start to appreciate employer-provided benefits like disability insurance and leave policies that protect income and jobs. According to a recent MetLife disability survey fielded in April 2020, a significant number of employees say disability insurance (50 percent) or family caregiver leave (47 percent) would best support them if out of work during the COVID-19 pandemic. Yet, approximately one-third of employees say they don’t feel like they have enough of either to feel protected through the crisis.
Below are three points to consider about disability insurance in addition to your holistic well-being that can help you be better prepared and protected for unexpected situations.
1. Know what you have now
While reading your benefits package is probably not super exciting, investing the time now can make a big difference later. Start by understanding what is currently offered by your employer, or your spouse’s or partner’s employer. This will help you make informed decisions and could even illuminate programs such as mental health support or income protection that may not have seemed relevant months…
