An insurer will be helping some long-term disability insureds compensate for the effects of the coverage elimination period.
Sun Life Financial U.S., Wellesley Hills, Mass., a unit of Sun Life Financial Inc., Toronto, is introducing the Retro Disability Benefits group LTD product feature.
The feature, now available in 43 states, applies to group LTD plan members who are hospitalized for 14 days or more at the onset of total disability and then are approved for LTD benefits.