Employers in New Jersey are required to have Temporary Disability Benefits (TDB) insurance to offer protection to their employees from injuries and illnesses, but this doesn’t necessitate they have to settle for a sub-par experience. If you are running a financial establishment with ten or more employees, and looking for Temporarily Disability Insurance for banks, opting for a private plan is a much better option than sticking to the State plan. Employers needn’t worry about employees’ consent as they are no longer required by law to solicit signatures from 50% + 1 of your employees in order to be able to switch to a private plan.
Private TDB Means Better Coverage & More Savings
Shopping for Temporary Disability Insurance through a private insurance agency or carrier gives you the option to upgrade your benefits plan.
- Take advantage of multi-line discounts with vision, dental, long-term disability, and group life insurance
- Save as much as 15 to 20% on your insurance premiums
- Protect yourself from potential insurance rate hikes imposed by the State of New Jersey
Move to the Elite Group of 2% Enjoying Private TDB Benefits in N.J.
Even though businesses in New Jersey are fortunate to have the option to shop for Temporary Disability Benefits privately, around 98% of them have still not been privatized. What these employers don’t realize is that they have the option to “opt-out” and move their coverage to a disability plan for potential savings and superior service.
Move from the crowd of 98% with State Plan to the elite group of 2% by privatizing TDB.
Why settle for a sub-par experience when you can easily buy Temporary Disability Insurance in New Jersey. Shopping for private TDB with EZTDB, and get lower rates, greater value, and better service.