Page 8 - 2021-22 Velocity Employee Benefits Brochure

Velocity Mortgage Capital

2021–2022 Employee Benefits Brochure

Additional Benefits Life Insurance, Life Assistance Program, and Short-Term Disability)

(
Cigna Basic Life / AD&D: Cigna LAP - Life Assistance Program
100% Employer paid for full-time employees 100% Employer paid for full-time eligible employees
$25,000 Benefit Amount for Life 24/7 support available
$25,000 Benefit Amount for AD&D 3 face-to-face sessions available w/ a Behavioral counselor
Cigna Voluntary Life / AD&D:
Employee: Cigna STD - Short Term Disability
Increments of $10,000 to $500,000 Eligible out of state employees only
(to max of 5x’s annual earnings, whichever is less) 100% Employer paid for Employees in which state Disability
Guarantee Issue: $120,000 is not provided
STD pays 60% of weekly earnings up to a weekly max of $1,250
Spouse: Benefits begin 15 day of the accident / illness up to 52 weeks
th
Increments of $5,000 to $50,000
Guarantee Issue: $25,000
Children:
Increments of $2,000 (to a max of $10,000)
Guarantee Issue: $10,000
Guarantee Issue for new eligible employees only
An EOI is required when increasing coverage.

Pet Insurance

Pets are part of the family. Do you protect them like family?
Nationwide pet insurance is now available to you as a voluntary benefit!

 Coverage for your pet's injuries, illnesses  Best deal: average savings of 40% over
and preventive care similar plans from other pet insurers
 You are free to use any vet, anywhere  Plans are available for dogs, cats, birds
 90% back on vet bills for current members and exotic pets
 One price, regardless of pet’s age
 50% & 70 % plans for new members
 All Nationwide pet insurance members receive free, 24/7 access to vethelpline® ($150 value) for guidance on
any pet health concern. This service is available exclusively from Nationwide

 As a Velocity employee, you are eligible for preferred pricing on coverage for your pets
 Visit http://www.petinsurance.com/velocity or call 877-738-7874 for pricing, more information, & to enroll
There will be a Nationwide link via the ADP portal. Enrollment is done with Nationwide directly, and payments can be

Pet Insurance – Nationwide (Voluntary 100% Employee Paid)
payroll deducted. Policyholders can sign up to receive payments electronically
As a Velocity employee, you're eligible for preferred pricing on coverage for your

NOTE: Please refer to your benefit summaries for more detailed information about pre-existing conditions, plan
restrictions and exclusions
 Nationwide does not cover horses or livestock
 Claims can be submitted via fax, mail or online via link below
 https://login.nationwide.com/access/web/login.htm?redirectUri=https://identity.nationwide.com/idp/XFIpB/resumeSAML20/idp/SSO.ping&tsms=1631840059898

 Enrollment for pet insurance is available to you year-round at anytime, and not just during Open Enrollment.

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