Employer-Sponsored Disability Insurance Policies
This type of policy is typically the least expensive disability insurance policy. This is in large part due to the fact that these policies are governed by the Employee Retirement Income Security Act of 1974 (ERISA) and typically contain provisions that make it difficult for an insured to collect disability benefits in the event he or she has to file a disability claim.
Click here for a detailed discussion of the different types of disability policies and the disadvantages of employer-sponsored policies.