Pacific Life introduces new disability insurance products
Pacific Life’s Workforce Benefits business announced the addition of two new disability insurance products to its portfolio. These coverages allow employers to provide their employees with added paycheck protection if they’re unable to work.
“We’re excited to launch our short-term and long-term disability insurance products, marking a significant expansion of our product portfolio. These products complement our existing offerings and allow us to better serve our customers by providing a robust suite of employee benefits. Our journey from inception to today has been driven by a relentless pursuit of digital excellence, and a commitment to empowering employers and employees alike. We are proud to offer a full suite of products, all seamlessly supported by our friction-free, 100% digital ecosystem. This is what drives us at Pacific Life, as we continue to set new standards in the industry.” – Erich Sternberg, senior vice president and head of Pacific Life Workforce Benefits.
“Our disability products are thoughtfully designed to provide employers with the tools they need to offer their employees crucial financial protection during life events. We’ve included features such as vocational rehabilitation incentives and an Employee Assistance Program (EAP) embedded with our long-term disability product to ensure comprehensive support. At Pacific Life, we are dedicated to improving the overall experience for employees, making sure they have the resources they need when they need them most.” – Rob Mulligan, vice president of product and underwriting, Pacific Life Workforce Benefits.
Pacific Life’s new disability insurance products include:
- Pacific Life Short-Term Disability Insurance helps employees protect a portion of their paycheck if they’re unable to work for a shorter duration due to a sickness, injury, or recovery from childbirth.
- Pacific Life Long-Term Disability Insurance helps employees protect a portion of their paycheck if they’re unable to work for an extended period due to a sickness or injury. Additionally, our coverage includes an EAP offered through TELUS Health.