The disability insurance industry is expanding rapidly, according to a report by Allied Market Research. The employer segment has the highest market share. Major selling points for disability benefits are that they protect skilled employees while giving employers the edge in a tight labor market. Here are some factors that are driving the market:
- Rising awareness about the benefits of disability insurance. However, a lack of consumer awareness is still hampering market growth
- Faster claims processing with automated technology
- A better customer experience along with lower operational expenses
- Available products on the market
Contact us today to get our help in educating your groups about why they should consider these benefits.
Jason Diffenauer
CoPower Sales Account Manager
jdiffenauer@copower.com
650-931-1731
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