Millis Transfer Helps Drivers Protect Their Earnings
July 21, 2019
While we don't always know what is around the corner, it is possible to protect your finances from the unknown. Thanks to the disability insurance available to drivers at Millis Transfer, you'll be covered when you need it most. What's even better is that short-term disability offers benefits in some instances up to 26 weeks. And while there is generally a fixed cap on pay-out, drivers still have the benefit of earning a certain percentage of their regular pay until they are recovered or until a long-term policy takes over. Long-term policies, in some instances, can continue up to the age of 65, when Social Security begins for most.
While disability insurance provides some protection, it usually takes a few weeks after you file a claim for benefits to start. For that reason, it is always a good idea to make sure you have enough savings to cover your expenses until that first payout. A good rule of thumb in financial planning is to save at least three months of income to help cover any unexpected expenses.
Drivers might wonder if disability insurance is really necessary? Yes, it is. According to the Social Security Administration, more than one in four people currently entering the workforce can expect a disabling condition to put them out of work for at least 12 months before they reach retirement age. It may be surprising to learn that most people in America are underinsured. Thanks to disability insurance, however, drivers have access to their very own security blanket.
No one ever expects to be injured or unable to work, but having disability insurance can protect against surprises. And thanks to the short-term disability offered at Millis Transfer, drivers can receive financial support to cover expenses such as a mortgage or utilities. This allows drivers to focus on getting well instead of worrying about how or where they will be able to cover expenses.
Offering disability insurance is just one more way that Millis Transfer helps to protect its drivers. Disability insurance is also only one of a number of benefits the company makes available for drivers. Signing with Millis Transfer insures you can rest easy knowing your finances are safe. To learn more, give Millis Transfer a call today at 1-800-937-0880.
About Millis Transfer
Millis Transfer, Getting It There Since 1936, has an impressive service record earning dozens of “Carrier of the Year” awards. Headquartered in Black River Falls, Wis., the company raised driver pay two times in 2018. Extra perks for Millis drivers include a maximum pay rate of 47-58cpm, beautiful and well-maintained equipment, and a long list of amenities and benefits. Maintenance facilities and drop yards are also strategically located throughout the company’s operating area. Its sister company, Millis Training Institute, offers five school locations that provide students with quality training in order to earn their CDL-A license. To learn more, please visit www.millistransfer.com or www.mtidriving.com.