Page 19 - Technip Energies 2022 benefits guide

Disability Insurance – Lincoln Financial Group

Short-Term Disability (STD) Long-Term Disability (LTD)

While health insurance may cover most medical bills, Long-Term Disability insurance provides partial
daily living expenses such as rent or mortgage, car income replacement if you are unable to work due to
payments, and utilities continue. Technip Energies’ a qualifying illness or injury that extends beyond the
short-term disability plan provides partial income maximum duration for short-term disability.
replacement if you are unable to work due to a
qualifying illness or injury. LTD Benefits at a Glance
LTD coverage is employer-paid.
STD Benefits at a Glance If you become disabled (as defined in the
plan) and remain disabled through the
STD coverage is employer-paid. elimination period, the plan benefit pays
If you become disabled (as defined in the Benefit 60% of your monthly covered earnings, less
plan) and remain disabled through the other deductible sources of income, such as
elimination period, the plan benefit pays Social Security and workers compensation
100% of your weekly earnings for the (see your plan booklet for details). The
first nine weeks and 60% of your weekly maximum monthly benefit is $10,000.
Benefit earnings for the remaining sixteen weeks. Elimination Benefits are payable after a period of
The amount of your STD benefit will be Period 180 consecutive days of disability.
reduced by the amount of benefits you are You will be considered disabled if, during
eligible to receive from other sources, such the elimination period and the next 24
as federal Social Security disability benefits months of disability, you are unable to
or state disability benefits. See your plan Definition of perform the duties of your “own occupation”
booklet for details. Disability
and thereafter, you are unable to perform
Elimination Benefits are payable after a period of 7 the duties of “any occupation.” See your
Period calendar days due to injury or sickness. plan booklet for details.
You are unable to perform all duties of your Maximum
Definition of job and under regular and continuing care Duration Please refer to your plan booklet for details.
Disability of a physician. See your plan booklet for
details.
Benefits will end at either the end of the
Maximum disability or the end of 180 days of disability,
Duration
whichever comes first.

Lincoln Financial Group is available 24/7 and offers direct
access to claims/leave information. Quickly report a claim/leave
and check its status using the employee resources and online
tools available through Lincoln’s dedicated secure website
at www.mylincolnportal.com or contact them directly at
800‑538‑6719.

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