Page 30 - ABC Company 2018 Open Enrollment Guide

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2018 Open Enrollment | powered by Choice.
ENROLLMENT 2018!
You will have the opportunity to elect additional LTD benefits subject to a pre-existing condition limitation that may apply within the first 12 months of your coverage under the plan.*
Short-Term & Long-Term Disability Insurance — Protect Your Future
Disability Insurance provides protection for
your most valuable asset — your ability to earn
an income. ABC Company provides Short-Term Disability (STD) and Long -Term Disability (LTD) insurance coverage for you at no cost. ABC Company provides a variety of disability benefits depending on the length and type of disability. These Plans pay a benefit if you are unable to work due to a non-work related illness or injury as well as maternity. Insurance pays a benefit in the event of short-term or long-term illness or injury up to the maximum allowable amount. If you need to
file a short-term disability claim, contact benefits@ABCcompany.com.
» Company-Provided STD: You are automatically eligible to receive STD benefits after 7 days of a qualified accident or illness. The Plan pays a percentage of your base pay (66.7%) for a maximum of 26 weeks, at no cost to you
» Company-Provided LTD: You are automatically enrolled in LTD coverage. This benefit pays a portion of your income if you continue to be disable and your STD benefits end. To quality you must be disabled for 180 continuous days. LTD benefits provide you with 66.7% of your base pay up to an $8,000 monthly maximum
» Voluntary LTD: If the amount of company-provided LTD insurance isn’t enough to meet your needs, you
have the option of buying additional coverage. The benefit is 66.7% of your base pay up to a $15,000 monthly maximum. You pay the full cost of this coverage
*Ineligible if previously declined for coverage