Page 16 - Watkins Associated Industries, Inc - 2022 Benefits Guide

DISABILITY INSURANCE

Disability Insurance Coverage Disability Insurance
The goal of Watkins Associated Industries, Inc.’s Disability Insurance Plans is
to provide you with income replacement should you become disabled and Coverage Benefit
unable to work due to a non-work-related illness or injury. The company Short-Term • 50% of your weekly salary, to a maximum of $1,000
provides Short-Term Disability coverage to you at no cost and you can Disability per week for the first 13 weeks of a disability after the
(Salaried)
purchase additional coverage. Long-Term Disability is employee paid. 14 days waiting period. If in-patient hospital confined
benefits begin immediately.
Unum administers the Short-Term Disability and Long-Term Disability
coverage. The Unum customer service phone number is 1-800-858-6843. Short-Term • 50% of your weekly salary, up to a maximum of $577
Disability (Hourly) per week for the first 13 weeks of a disability after the
14 days waiting period. If in-patient hospital confined
Enrollment and Cancellation of Benefits benefits begin immediately.
If you do not enroll in disability coverage at your first enrollment Short-Term • 67% of your weekly pre-disability salary, up to a maximum
Disability Buy Up
of $1,700 per week for the first 13 weeks of a disability
opportunity and later decide to enroll, you must show proof of insurability Plan (Salaried) after the 14 days waiting period. If in-patient hospital
by completing a medical questionnaire and submitting it for underwriting confined benefits begin immediately.
review and approval. Short-Term • 67% of your weekly pre-disability salary, up to a maximum
Disability Buy Up of $1,700 per week for the first 13 weeks of a disability after
Because hourly and salaried employees are covered by different STD Plan (Hourly) the 14 days waiting period. If in-patient hospital confined
and LTD plans, you will need to enroll online at www.watkinsbenefits.com benefits begin immediately.
if you change from an hourly position to a salaried one, or from a salaried
position to an hourly one.
Coverage Benefit
Long-Term • 60% of your monthly base salary, to a maximum of $7,500
Disability per month if you are disabled and are unable to work for
(Salaried) more than 90 days.
• Benefits are offset with other sources of income, such as
Social Security and Workers’ Compensation.
Long-Term • 60% of your monthly base salary, to a maximum of $2,500
Disability (Hourly) per month if you are disabled and are unable to work
for more than 90 days.

WELLBEING
WELCOME BENEFIT BASICS MEDICAL DENTAL VISION HSA FSA DISABILITY/LIFE ADDITIONAL BENEFITS 401(k) CONTACTS 16
PROGRAM