Page 15 - Draken Intl. 2022 OE Flipbook

Disability Insurance

Short-Term Disability
Draken provides you with Short-Term coverage through Guardian. This benefit is provided at no cost to you. The Short-Term
Disability benefits are summarized below.

Plan Provisions Details
Contributions/Participation Non-Contributory/Covered at 100%
Benefits Begin 8th Day
Duration of Benefits 12 weeks
Definition of Disability Own Job
Weekly Benefit 2/3 of salary, up to maximum of $1,000
Interruption of Elimination Period Unlimited
Return to Work Zero Day Residual
Maximum Partial Disability Earning 80% Indexed
Partial Disability Calculation Greater of direct reduction or proportionate loss
Integration Method Direct Offset
Salary Continuation/Association IDI No Offset
Minimum Weekly Benefit Flat $25
Earnings Definition Standard (excluding bonus & commission)
Telephonic Claims TeleGuard Included
Coverage Type Non-occupational
Rehabilitation Services 110% benefit amount (mandatory participation)

Long-Term Disability
Draken provides you with Long-Term coverage through Guardian. This benefit is provided at no cost to you. The Long-Term
Disability benefits are summarized below.
Plan Provisions Details
Contributions/Participation Non-Contributory/Covered at 100%
Elimination Period 90 Days
Duration of Benefits Social Security normal retirement age
Definition of Disability 2-year Own Occupation/Any Occupation thereafter
Monthly Benefit 60% of your monthly salary, up to maximum of $10,000
Guarantee Issue $10,000
Interruption of Elimination Period Unlimited
Return to Work Zero Day Residual
Maximum Partial Disability Earning 80% Indexed
Partial Disability Calculation Greater of direct reduction or proportionate loss
Income Recovery Included
Integration Method Direct Offset
Salary Continuation/Association IDI Salary Continuation
Minimum Weekly Benefit Greater of 10% or $100
Mental Health & Substance Abuse 24-Month lifetime payment limit
Pre-Existing Conditions 3 months prior, 12 months after Exclusion
Earnings Definition Standard (excluding bonus & commission)
Survivor Benefit 3 months net (accelerated)
Rehabilitation Services 110% benefit amount (mandatory participation)

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