NJ State Short Term Disability Insurance for Telecom Companies
The state of NJ mandates that every business provides its employees with NJ state short term disability insurance. But what many top technology companies, including telecom providers, don’t know is that you can write private short term disability insurance in NJ for a savings of up to 20% off the state plan.
If you’re the HR director, benefits manager, or owner of a telecom company in New Jersey, you should know about this money-saving secret.
What is NJ State Short Term Disability Insurance?
The state of NJ mandates that businesses provide short term disability insurance to replace a portion of income lost for employees who cannot work for up to 26 weeks due to an illness or injury not incurred while on the job. Workers’ compensation claims cover employees who suffer a work-related illness or injury.
Short-term disability benefit costs are shared between the employer and the employee – and the rates continue to rise each year. But the good news is that it’s easier than ever to switch to a private plan.
Choose Private Disability Insurance in NJ for Cost Savings and Convenience
When you write your benefits with the best disability insurance companies in NJ, you’ll get:
- Faster claims payouts
- Concierge-level service
- Your choice of payment options
- Up to 20% savings
- The convenience of bundling ancillary benefits with your plan
The Service You Expect – And Deserve
As a telecom service provider in New Jersey, you understand the importance of top-notch customer service and full transparency at every turn. But the state isn’t necessarily known for fast payouts or the ability to track claims easily, which is what you need in a disability benefits provider.
When you write your statutory NJ state short term disability insurance through EZTDB, we are there with you every step of the way. All you need to do is provide us with a census of the number of full-time lives in your company, male and female.
We do the rest.
We’ll shop your policy around and leverage our 40+ years of insurance industry relationships to get you the lowest premiums we can find, potentially saving you hundreds of dollars a month.
Best of all, you gain access to our white-glove, concierge-level service, including our easy-to-access website chat. We are always here to help you track your claims.
Bundle Highly Desired Benefits to Recruit and Retain Top Talent in Your Telecom Firm
We know how competitive the telecom industry is in New Jersey. In a recent survey, 55% of all tech workers said they looked at overall compensation and benefits packages when evaluating a new job offer.
To attract the best telecom employees, you need to offer the best employee benefits in the region.
And remember, you’re not just competing with other New Jersey businesses, but NY telecom companies, where wages might be higher.
Fortunately, NJ state disability insurance is already more robust than NY’s disability benefits law (DBL) state plan. You don’t need to enrich benefits to give New Jersey employees the peace-of-mind they need with partial income replacement.
But you can offer better service and faster claims payouts with private disability coverage, plus a generous package of other employee benefits.
Vision, dental, and Group Life / AD&D coverage can be offered as voluntary benefits, with costs paid by your employees with pre-tax dollars out of paychecks, or as a shared benefit.
Either way, these ancillary benefits provide the most bang-for-your-buck when it comes to employee benefits – costing very little but providing the savings and protection telecom workers seek.
Did you know vision coverage can cost as little as $70 per year, while the average pair of eyeglasses – without any anti-glare coatings, blue light lenses, or any other features, costs consumers $351?
Dental coverage can be nearly as affordable, with incredible savings for all types of necessary dental and orthodontic procedures.
Bundle these benefits with your private temporary disability insurance in NJ for added savings and the convenience of working with one friendly EZTDB representative.
Learn More About NJ State Short Term Disability Insurance for Your Telecom Company Now
Are you ready to reap the rewards of better benefits to recruit and retain employees plus cost savings of up to 20% on a state-mandated benefit?
Let an EZTDB representative help you write your private short term disability insurance in NJ now.