Add Comment Question: I have been on long-term disability for over 30 years. If my employer files for bankruptcy, how does that affect me? Answer: This would likely depend on who pays the long term disability benefits and the wording of the policy. It would likely impact the payment if the employer no longer has funds to pay. However, if it is an insurer who pays it, it should not be impacted. Your Comment * Your Email * Your Name * Your City Note, your name, city and email is not displayed on the website. It is used to notify you that we have approved your comment.