Arch Insurance Announces New LeaveAssure™ Product for Pennsylvania, Combining Short Term Disability and Paid Family Leave

2020 SEP 23 (NewsRx) -- By a News Reporter-Staff News Editor at CDC & FDA Daily -- Arch Insurance announced it is offering a combined short term disability (STD) and paid family leave (PFL) product to employers in Pennsylvania. This product, LeaveAssure™, provides partial income replacement for employees who are unable to work due to their own illness or injury, or who need a leave of absence to care for a close family member.

Underwritten by Arch Insurance Company, LeaveAssure™ also includes coverage for employees who are placed under an order of quarantine due to exposure to an infection or contagious disease as certified by a local health board. This includes COVID-19.

Employers can choose from a combined plan, which offers both STD and PFL benefits, or they can select either benefit individually.

“We want to work with employers to develop more comprehensive and flexible solutions to match the evolving needs of their employees. This may include STD benefits, PFL benefits or both,” said Thomas Foschino, Arch Insurance’s Vice President of Accident & Health. “The addition of coverage for a confirmed quarantine order is also important in today’s environment.”

With the STD benefits, employees can receive up to 65% of their weekly salary up to a maximum of $6,500 per week. PFL benefits can provide up to 100% of an employee’s weekly salary for the first two weeks, then up to 65% each week thereafter, for a maximum coverage period of 12 weeks. PFL is most often used for child bonding or caring for a family member with a serious health condition.

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