Insurance brokers serving New Jersey now have another opportunity to increase commissions with statutory benefits: Family Leave Insurance. By law, New Jersey business owners are required to provide FLI coverage for employees to bond with a new child within the first 12 months, care for a family member with a serious health condition, or to
In Addition to NJ Disability Insurance Rate Hike, New Jersey Expands Family Leave Insurance Coverage
Insurance brokers in the tri-state area know that New Jersey recently expanded its NJ disability insurance (TDB) to create one of the most competitive disability coverage packages in the country. The new TDB coverage provides income replacement of up to 85% of a worker’s average weekly salary, capped at $903 per week for 2021. As