Long term disability 

The Long Term Disability cover provides another essential building block of your employee benefit package. It can be purchased alone or in combination with other covers to construct an increasingly comprehensive package that precisely meets your requirements. An additional added value benefit: in case of a claim, the Long Term Disability premium is automatically paid.

You can use Long Term Disability to match the social security requirements found in the home country of expatriate employees as well as provide an attractive benefit package for other management. You can also use it to give an extra layer of protection where social security arrangements may not be sufficient.

In recruitment and employee retention, in managing your company's current risk and in planning for future uncertainty, Zurich International Solutions offers integral cover and riders for company needs world-wide. Long Term Disability, another value added risk management product from Zurich International Solutions.

COVER 
The company receives an annuity benefit if an employee becomes totally disabled (at least 66 2/3 due to an accident or illness.
You can choose the term age up to 65 years of age.
The cover parameters for Long Term Disability are: employee's own occupation or
employee's own or similar occupation or any occupation. 
You may choose to make premium payments in most major convertible currencies.

BENEFIT
You may select a maximum insured benefit up to 80of an insured employee's annual salary.
The annuity benefit can be based on a percentage of an insured employee's salary and consequently reflect salary changes. 
It is possible to set the length of the waiting period from a range of options between 3 and 24 months. 
If the benefit becomes due, an annuity is paid until recovery, term age or death, whichever occurs first.
The benefit can be paid in most major convertible currencies.
You can opt to build in an inflator option of zero to three percent (0-3 into your policy. 
If the benefit comes due, the annuity increases by the percentage chosen annually.

LIMITATION
For Long Term Disability, the annuity benefits may be a fixed sum or a percentage of salary to reflect salary changes. The following table applies:

Percentage of Insured Salary
* up to 60 up to 65
* up to 70
* up to 80

Maximum Annual Benefit in USD
* USD 250,000
* USD 210,000
* USD 170,000
* USD 150,000