Garden City, NY, June 14, 2018 --(PR.com
)-- Almost 27% of Paid Family Leave bonding claims were from fathers using New York’s Paid Family Leave to bond with their new baby. This finding is based on ShelterPoint Life Insurance Company’s (“ShelterPoint Life”) claim data, which is also available in an infographic on paternity leave, released to the public today. ShelterPoint Life is New York’s largest statutory disability insurance (DBL)(1) and now Paid Family Leave insurance carrier.
ShelterPoint Life assembled claims data encompassing bonding leave since the New York Paid Family Leave law went into effective on January 1, 2018. The infographic provides facts and figures on general paternity leave, and contrasts New York with reports from California and Rhode Island on bonding leave utilization. Some interesting discoveries have already emerged, for example, such as states with PFL-like programs are seeing that more dads are taking time to bond with their newborns and for a longer period of time – with the biggest impact on leaves extending beyond 4 weeks.
To download the infographic, please click here, http://go.shelterpoint.com/dads-infographic
For more information about Paid Family Leave, visit ShelterPoint Life’s educational PFL site http://www.NewYorkPFL.com
The ShelterPoint family of insurance companies consists of ShelterPoint Life Insurance Company and ShelterPoint Insurance Company. ShelterPoint Life was founded in 1972 as The First Rehabilitation Insurance Company of America (First Rehab Life) and is headquartered in Garden City, NY. Since its inception, ShelterPoint Life has grown into New York’s largest1 statutory disability and PFL carrier. Through the years, ShelterPoint Life has added additional employee benefits to its product portfolio and currently insures more than 150,000 employers and over 1.3 million individual insureds. In 2014, First Rehab Life changed its name to ShelterPoint Life Insurance Company. For more information about ShelterPoint, please visit www.shelterpoint.com
(1) State of New York Workers’ Compensation Board, form DB-680, 2014 – applies to statutory disability premiums under ShelterPoint Life Insurance Co. only.