The Group Protection segment of Lincoln National Corp. announced its expansion of state-mandated disability insurance into Hawaii (called temporary disability insurance or TDI in Hawaii). The state of Hawaii requires employers with two or more Hawaiian employees to provide this coverage.
Hawaii TDI coverage is a “wage replacement” program, similar to other disability insurance/ income replacement programs. This means if an employee is unable to work because of an off-the-job sickness or injury and meets the qualifying conditions of the law, he or she will be paid disability or sick leave benefits to partially replace the wages lost.
As with all Lincoln group programs, the new Lincoln disability coverage will be implemented by Lincoln’s I-Team, which is designed to create a seamless and streamlined implementation process to shorten time cycles for the issuance of policies in Lincoln’s Life and Disability product lines.
Group insurance products are issued by The Lincoln National Life Insurance Co. in Ft. Wayne, Ind., which does not solicit business in New York, nor is it licensed to do so. In New York, group insurance products are issued by Lincoln Life & Annuity Company of New York, of Syracuse, N.Y. Both are Lincoln Financial Group companies.
Source: Lincoln Financial
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