Page 6 - ACI World Wide Salary Continuance Insurance

06 | Making Possibilities Happen

Other policy features

Rehabilitation Insurer may meet expenses incurred due to rehabilitation program
expense participation

If death occurs while either Total or Partial Disability Benefits are being paid, a
Bereavement
lump sum amount equal to three times the Insured Member’s
benefit
Monthly Benefit is paid
Paid if a member of the Insured Member’s family leaves permanent work to care
Family carer
for an Insured Member who is suffering a Total Disability. May be payable for 6
benefit
months (max)
Workplace
May pay an additional Benefit up to a max of 2.5 times the Insured Member’s
modification
Monthly Benefit for modifying the workplace (facilitate return to work)
benefit
Emergency
Reimbursement of emergency transportation costs incurred up to $500
transport benefit

Increasing
Increase of Monthly Benefit (after 12 consecutive months’ payment) by the lower
benefits /
of the annual percentage increase in Consumer Price Index (CPI) and 5 per cent
indexation

Benefit exclusions Can coverage under the plan be terminated?

Benefits are not payable for disability or loss arising Generally your coverage will not be terminated
from: for any reason while you continue to remain an
employee of ACI Worldwide. Coverage will terminate
• intentional self-inflicted injury or any attempt to
if you cease to be employed by ACI, you die, you
commit suicide
attain age 65, or the plan is terminated.
• war or war like operations
• service in the armed forces
Are the benefits taxable?
• normal and uncomplicated pregnancy or
Any claim benefit received by you is regarded as
childbirth
income and as such, is fully taxable. The benefit is
calculated on your pre-tax income and is then paid
How do I make a claim under the plan? to ACI Worldwide who will deduct the appropriate tax
before passing the benefit on to you.
Notice of a potential claim should be made to your
employer as soon as possible. Generally, the date
on which an employee is advised by a medical
consultant to cease working is the start of the claim
period. Benefit payments for approved claims
commence 90 days from the start of the claim period
(e.g. the end of the Waiting Period).