Page 13 - Marcus & Millichap EE Guide 2020

Short and Long Term Disability Insurance Benefits

If you are unable to work due to an illness or injury, our disability plans will work together to provide a source of income to meet
your needs. Disability insurance provides benefits that replace part of your lost income when you become unable to work due to a
covered injury or illness.

Lincoln Financial Group | Voluntary Short Term Disability Benefit
CA, NY, and NJ Employees
Voluntary Short Term Disability
30%
Insurance Benefits pay in addition to
Benefit Percentage
SIPs are not eligible for this coverage state disability, Social
Security, etc.
Marcus & Millichap offers you the opportunity to purchase Weekly Benefit Maximum $2,500
Short Term Disability (STD) to provide income replacement if
you become disabled due to accident, sickness, or pregnancy. Day 8 for Accident
When Benefits Begin
Sickness, or Pregnancy
Note:
Maximum Benefit Duration 26 Weeks
If you live in California, New York, or New Jersey, you are
eligible for benefits provided by the state. These states offer
partial wage-replacement insurance for eligible workers who Voluntary Short Term Disability
suffer a loss of wages when they are unable to work due to a Non-CA, NY and NJ Benefit
non-work-related illness or injury, pregnancy, or childbirth.
If you live in one of these states, your elected Short Term Benefit Percentage 60%
Disability coverage will be provided in addition to the state Weekly Benefit Maximum $3,000
disability benefit.
When Benefits Begin Day 8 for Accident
If you are no longer in your initial eligibility period, you may Sickness, or Pregnancy
enroll in this plan anytime during the year as long as you Maximum Benefit Duration 26 Weeks
provide proof of good health. You will be asked to complete a
health questionnaire and are subject to insurance carrier
approval.

Lincoln Financial Group | Core Long Term Disability Benefit

Core Long Term Disability Benefit Percentage 50%
SOAs, LAs and SIPs are not eligible for this coverage Monthly Benefit Maximum $6,000
When Benefit Begin 91st Day
Marcus & Millichap offers you Core Long Term Disability (LTD)
to provide income replacement if you become disabled for an Maximum Benefit Duration To Social Security Normal
extended period of time. This coverage is paid by Marcus & Retirement Age
Millichap at no cost to you. If you would like additional

coverage, you may elect to buy-up additional coverage
through the Buy-Up Long Term Disability plan. Buy-Up Long Term Disability Benefit

Benefit Percentage 60%
If you are no longer in your initial eligibility period, you may
enroll in the Buy-Up plan anytime during the year as long as Monthly Benefit Maximum $10,000
you provide proof of good health. You will be asked to
complete a health questionnaire and are subject to insurance When Benefit Begin 91st Day
carrier approval. To Social Security Normal
Maximum Benefit Duration
TERM DISABILITY BENEFIT Retirement Age

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