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MassMutual: Portable Group DI Rare

By Staff Writer

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Departing workers have an easier time taking office supplies from their employers than they do continuing their disability insurance protection.

Marketing analysts at Massachusetts Massachusetts Mutual Life Insurance Company, Springfield, Mass., have published that finding in a summary of results of a Web-based November 2008 survey of 2,119 U.S. adults.

Marketing analysts at Massachusetts Mutual Life Insurance Company, Springfield, Mass., have published that finding in a summary of results of a Web-based November 2008 survey of 2,119 U.S. adults.

About 20% of the survey participants admitted to taking something – such as pens, plants or toilet paper — that did not belong to them when they left their jobs

But the MassMutual researchers found that only 39% have some form of disability insurance, and only about 10% have portable supplemental disability insurance.

About 72% of the survey participants said they want to buy portable supplemental disability income insurance, and 69% said they would be at least somewhat likely to buy portable supplemental disability income insurance if the product were offered at a corporate discount of 25%.