Disability
Disability insurance provides financial protection if you’re unable to work due to illness or injury. It replaces a portion of your income, helping you manage everyday expenses and maintain stability while you recover. Short Term Disability (STD) typically covers temporary conditions, while Long Term Disability (LTD) offers extended support for more serious or long-lasting health issues. This coverage offers peace of mind, ensuring you’ll still receive a steady income if the unexpected happens.
Short Term Disability (STD)
- All Active Full-Time Employees earning $100k or less working 30 hours or more per week are eligible, except for any person working on a temporary or seasonal basis.
- You are eligible to receive STD benefits after you have been disabled for 7 days due to a non-work-related illness or injury.
- Replaces up to 60% of your eligible income, up to a maximum of $1,200 per week.
- Benefits end after 12 weeks
Long Term Disability (LTD)
- All Active Full-Time Employees earning more than $100k working 30 hours or more per week are eligible, except for any person working on a temporary or seasonal basis.
- You are eligible to receive LTD benefits after 90 days of disability
- Replaces up to 60% of your eligible income, from a minimum of $100 up to a maximum of $10,000 per month until you recover, reach your Social Security Normal Retirement Age, or according to the Duration of Benefits below.
61 or less: To age 65
62: 3 1/2 years
63: 3 years
64: 2 1/2 years
65: 2 years
66: 1 3/4 years
67: 1 1/2 years
68: 1 1/4 years
69 or older: 1 year