Page 14 - Allegacy 2017 booklet 8.5x11

Allegacy Benefit Solutions Page 14

Disability Benefits

Provided by UNUM

Voluntary Short Term Disability _________________
 Benefit amount is 60% of insured’s weekly earnings to a
maximum of $2,000 per week.
 Benefit is payable beginning the 1st day of accident and the 8th day of
sickness.
 Maximum benefit period is 13 weeks.
 Your specific cost for STD coverage is based on your earnings.
 This coverage is 100% paid by employees; therefore, the benefit pay-
ment, in the event you have a claim, will be non-taxable.

Long Term Disability – This benefit is paid 100% by Allegacy Federal Credit Union
 Benefit amount is 60% of insured’s monthly earnings to a maximum of
$7,000 per month.
 Elimination period of 90 days applies (no benefits paid during this time).
 Maximum benefit period is to age 65 or Social Security Normal
Retirement Age (SSNRA).
 Definition of disability is 24 Months own occupation, followed by Any
Occupation.
 6/12 (look-back/treatment free) pre-existing condition exclusion applies
to new enrollees (see glossary page).