Page 15 - Lanter Delivery Systems 2021 Benefits Guide
P. 15
Lanter Delivery Systems, LLC Benefits Enrollment Guide
Disability Coverage Enrolling Outside of Your New
What would happen if you couldn’t go to work as Hire Period
a result of a disabling illness or accident? Disability If you do not elect voluntary life or disability
insurance goes to work when you can’t. You have coverage within the irst 31 days of becoming
the option to enroll in short term and/or long term irst eligible, you will be required to submit
disability coverage through Cigna, paid through evidence of insurability (EOI) or proof of good
convenient payroll deductions. health if you choose to enroll at a later date.
Voluntary Short Term Disability
This plan covers 60% of your pre-disability earnings up
to $1,000 per week for a maximum of 11 weeks or until
you are no longer disabled.. Coverage begins on the
15th day of your disability.
Voluntary Long Term Disability
Long term disability replaces a portion of your income
for a longer period than short term disability covers.
The plan covers 60% of your monthly salary up to a
speciic monthly maximum. LTD beneits are payable
until you are no longer disabled or reach Social Security
Normal Retirement Age.
Important Note About Disability
Benefits
Disability beneits are subject to applicable taxes and
are offset by any other income or disability beneits you
receive (or are eligible to receive), such as Social Security
and worker’s compensation.
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Disability Coverage Enrolling Outside of Your New
What would happen if you couldn’t go to work as Hire Period
a result of a disabling illness or accident? Disability If you do not elect voluntary life or disability
insurance goes to work when you can’t. You have coverage within the irst 31 days of becoming
the option to enroll in short term and/or long term irst eligible, you will be required to submit
disability coverage through Cigna, paid through evidence of insurability (EOI) or proof of good
convenient payroll deductions. health if you choose to enroll at a later date.
Voluntary Short Term Disability
This plan covers 60% of your pre-disability earnings up
to $1,000 per week for a maximum of 11 weeks or until
you are no longer disabled.. Coverage begins on the
15th day of your disability.
Voluntary Long Term Disability
Long term disability replaces a portion of your income
for a longer period than short term disability covers.
The plan covers 60% of your monthly salary up to a
speciic monthly maximum. LTD beneits are payable
until you are no longer disabled or reach Social Security
Normal Retirement Age.
Important Note About Disability
Benefits
Disability beneits are subject to applicable taxes and
are offset by any other income or disability beneits you
receive (or are eligible to receive), such as Social Security
and worker’s compensation.
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