Federal employees enjoy a range of benefits, but is your income truly protected if an injury or illness keeps you from working? Supplemental disability insurance can be the safety net you didn’t know you needed.
What Is Supplemental Disability Insurance?
When you’re a federal employee, you might think your benefits cover everything. However, the Federal Employees Health Benefits (FEHB) program focuses mainly on health care, not income protection. Supplemental disability insurance provides a steady paycheck when you can’t work due to illness or injury.
How It Works
- Fills Income Gaps: Your FEHB benefits don’t include short-term disability coverage. Supplemental insurance ensures you can pay bills while recovering.
- Customizable Plans: Choose coverage tailored to your salary and family needs.
- Tax-Free Benefits: Receive payments without worrying about losing income to taxes.
Did you know? According to OPM, over 20% of Americans face a disability during their working years. Don’t wait until it’s too late to safeguard your finances.
Why Federal Employees Should Consider It
- Your Sick Leave May Not Be Enough – Sick leave accumulates slowly, and even a few weeks off can drain your balance. What happens if recovery takes months? Supplemental disability insurance steps in when your sick leave runs out.
- Protect Your Long-Term Financial Goals – Missing work means missing income, which could derail plans like saving for retirement or paying for a child’s education. Supplemental insurance protects those goals.
- Affordable Peace of Mind – Federal employees often assume supplemental insurance is costly. In reality, plans are affordable and can save you from financial ruin.
Real-Life Example
“I thought my benefits covered everything. When I was out for three months with a back injury, I quickly ran out of sick leave. Thankfully, my supplemental disability insurance kept me afloat.” – Maria, Postal Worker
Key Benefits of Supplemental Disability Insurance
- Guaranteed Monthly Income – Never worry about paying rent or bills during an extended illness.
- Flexibility – Choose plans with waiting periods and benefit durations that suit your needs.
- Employer Discounts – NAFEB is able to offer discounts for supplemental insurance, making it more affordable.
- Simple Enrollment – Most plans are easy to enroll in and require minimal paperwork.
How to Get Started
- Assess Your Needs: Calculate your monthly expenses and determine how much coverage you need.
- Compare Plans: Look for options that align with your budget and risk tolerance.
- Talk to an Expert: Organizations like NAFEB can help federal employees navigate the best options.
Check out the official NAFEB page for more details.
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Protect Your Income Today
Don’t let an unexpected illness or injury jeopardize your financial stability. Supplemental disability insurance is an investment in peace of mind. Federal employees like you deserve comprehensive protection—make sure your income is secure.
Ready to take the next step? Contact NAFEB today to learn more!
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