Welcome to Ask an Adviser, EBN’s weekly column in which benefit brokers and advisers answer (anonymous) queries sent in by our readers. Looking for some expert advice? Please submit questions to askanadviser@arizent.com. This week, we asked Brian Lacher, VP of employee benefits at the Nielsen Benefits Group, to weigh in on the following: How can an executive disability policy close coverage gaps?
One of the biggest blind spots in employee benefit packages is a lack of adequate disability coverage for the highly compensated. Although group long-term disability (LTD) has become a staple of employee benefit packages, too many C-Suite executives and high-income employees are significantly under-protected on their income protection.
