Page 4 - MI New Hire webinar

SHORT TERM DISABILITY
AGENTS ONLY // GUARANTEE ISSUE FOR NEWLY HIRED AGENTS
A disability could sink your finances if you’re unable to work.
If you’re sick or injured, you can keep income coming with group short-term disability income insurance. Group short-term disability insurance replaces part of your paycheck for a limited period so you can focus on recovery with less concern for your finances. And because it’s purchased through TAA at attractive group rates, it costs less than coverage purchased on your own.
DEFINITION OF DISABILITY EARNINGS LOSS REQUIREMENT BENEFIT AMOUNT
MAXIMUM BENEFIT AMOUNT ELIMINATION PERIOD PRE-EXISTING CONDITION LIMITATION MENTAL & NERVOUS LIMITATION DRUG & ALCOHOL LIMITATION MAXIMUM BENEFIT DURATION CONVERSION
* REQUIRED ENROLLMENT FOR AGENTS WHO ENROLL IN BASE LONG TERM DISABILITY.
* COVERS COMMON DISABILITIES SUCH AS MINOR SURGERIES, PREGNANCY, BACK STRAIN, KNEE INJURIES, ARTHRITIS AND PNEUMONIA AS WELL AS SUBSTANCE ABUSE AND METAL/NERVOUS CONDITIONS.
HOW LIKELY IS A DISABILITY? ARE YOU HAVING A BABY NEXT YEAR? DO YOU NEED SURGERY? SHORT TERM DISABILITY CAN HELP!
SHORT TERM DISABILITY
OWN OCCUPATION
20%
60% OF GROSS MONTHLY INCOME
$500 OR $1000 WEEKLY MAX
30 DAYS
3 MONTHS PRIOR / 6 MONTHS AFTER
NO LIMITATIONS
NO LIMITATIONS
9 WEEKS
NO