Helping your employees protect their incomes against a disability is good for them and your business — they’re covered if the unexpected happens; you offer a benefit that makes you more competitive when recruiting employees.
Exclusively for California employees
As an employer with employees in California, you’re aware of the state’s Statutory Disability Insurance (SDI) program. It provides all California employees with disability benefits of 60% of their earnings, up to a maximum of $1,216 per week.*
That’s a nice start, but may not be enough for all your employees. If you’d like to help them protect a higher portion of their income, here’s something to consider: enhanced short-term disability (STD) insurance from Principal®. It provides employees a benefit of an additional 20% of their earnings. That, plus the California SDI coverage, helps them protect 75-80% of their income.