Life insurers can help expand access to paid leave by partnering with employers, especially small businesses, using existing public and private infrastructure.
This proven approach reduces administrative burdens, supports workers and families, and offers a cost-effective path to broader coverage.
Americans depend on paid family and medical leave benefits when welcoming a child, recovering from injury, or managing illness.
The employer-based system already provides millions of workers with financial protection, and those who use private insured benefits report high satisfaction with their coverage.
Recent policy action and ongoing bipartisan interest in paid leave reflect a shared commitment to expanding access. Policymakers should continue to build on a model that works for workers, families and employers.
Paid leave benefits are key for a modern workforce — and for businesses to attract and retain top talent. Life insurers help employers deliver paid family and medical leave benefits, and the recent expansion and permanent extension of the Paid Family and Medical Leave Tax Credit makes it easier for employers, especially small businesses, to offer coverage.
75% support a partnership between the government and private plans that provides paid leave for employees of small businesses and self-employed workers.
Private insurers have the tools and experience to cover more workers and families through employer-based plans. A public-private partnership can build on this expertise.
View stories that illustrate how life insurers are supporting America’s employers.
Life insurers partner with small businesses to lift administrative burdens for them and deliver essential benefits.
Behind every business, there is someone working tirelessly to support employees throughout their lifecycle, and each one has a unique story to share.
“Our paid medical leave benefit is really important to employees and also to us in retaining them. To offer short-term, long-term paid medical leave – people want that, people need that.”
Maureen’s partnership with the private sector provides expertise and lifts administrative burdens when managing benefits for 33 employees.
Paid Family and Medical Leave, Life and Disability insurance from Principal® is issued by Principal Life Insurance Company, Des Moines, IA 50392.
Paid Family Medical Leave and group disability benefits provide limited coverage. Private PFML coverage is available in CT, MA, CO, and OR.
This Principal testimonial may not be representative of other clients’ experiences. It does not imply or guarantee benefits. The client has not been paid for their testimonial. This is a summary of the benefits disability insurance provides, but there are limitations and exclusions. ACLI is not an affiliate with any company of Principal®.
“Since I’m responsible for so many people here and so many pieces of the HR world with them, paid leave becomes very complicated. Being able to have a partner to come in and help guide you through that and take some of that weight off is definitely a definite bonus.”
Kate’s partnership with the private sector makes certain around 80 employees have access to valuable paid leave benefits.
Paid Family and Medical Leave, Life and Disability insurance from Principal® is issued by Principal Life Insurance Company, Des Moines, IA 50392.
Paid Family Medical Leave and group disability benefits provide limited coverage. Private PFML coverage is available in CT, MA, CO, and OR.
This Principal testimonial may not be representative of other clients’ experiences. It does not imply or guarantee benefits. The client has not been paid for their testimonial. This is a summary of the benefits disability insurance provides, but there are limitations and exclusions. ACLI is not an affiliate with any company of Principal®.
