When an accident, injury or illness causes an employee to miss long periods of work, the personal financial consequences can be devastating. Employer-sponsored disability insurance provides income replacement so that those employees can pay bills and maintain their basic needs. By offering life and disability insurance, you give your employees peace of mind in the event of an emergency or unplanned illness. Employers may offer short-term disability coverage, long-term disability coverage or both but many stick with the more standard health, dental and/or vision plans. By offering these lines of coverage as a part of your employee benefits plan, you are able to stand out in the marketplace to recruit and retain the most talented employees.