Page 11 - 2019-2020 Country Financial Credit Union Benefit Booklet

Disability and Group Life and AD&D Plan Summaries

Country Financial Credit Union provides eligible employees Short-Term Disability, Voluntary
Long-Term Disability and Group Life and AD&D coverage with Mutual of Omaha (MOO). In
the event you become disabled from a non-work-related injury or sickness, disability income
coverage is a valuable benefit which replaces a portion of your income when you are unable
to work. Please note that you are not eligible to receive short-term disability benefits if you
are receiving workers’ compensation benefits.
Group Life and AD&D insurance provides a benefit to your beneficiary in the event of your
death while you are employed. The AD&D amount is equal to your life insurance amount
and is also payable to your beneficiary in the event your death is a result of an accident. The
AD&D insurance may also pay a benefit to you if you have certain injuries. Please refer to
your Certificate of Coverage for limitations and exclusions.

Mutual of Omaha (MOO)
Group #: TBD
(800) 877-5176 / www.mutualofomaha.com

Weekly Benefit: 60% of your before-tax weekly earnings, not to exceed
$1,500 per week less other income sources.

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Short-Term Disability Elimination Period: Benefits begin on the 8 day of your disabling injury or
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100% Employer Paid the 8 day of your disabling illness.
Maximum Duration: 25 weeks

Additional Benefit(s) Included:
 Hearing Discount Program
Benefit: 60% of your before-tax monthly earnings, not to exceed $6,000 per
month less other income sources.

Elimination Period: 180 Calendar Days after the onset of your disabling
injury or illness or the date your short-term disability ends.
Voluntary Long-Term Disability Maximum Duration: If you become disabled prior to age 62, benefits
100% Employee Paid are payable to age 65, your Social Security Normal Retirement Age or

3.5 years, whichever is longest. At age 62 (and older), the benefit period
will be based on a reduced duration schedule.
Additional Benefit(s) Included:
 Hearing Discount Program
Coverage Amount: $25,000
Benefit Reduction: At age 65, amounts reduce to 65%; At age 70,

Group Life and AD&D amounts reduce to 50%.
100% Employer Paid Additional Benefits Included:
 Conversion
 Travel Assistance
 Hearing Discount Program
 Will Prep Services

Note: This is intended to be an easy-to-read summary (not a contract); the above items are only highlights of the plans. Additional limitations and
exclusions may apply. For a full description of your coverage, please refer to your Certificate of Coverage. In the event of any inconsistencies with the
comparison and the insurer’s Certificate of Coverage, the Certificate will control.

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