Page 6 - 2019 Benefits Overview_Final_Neat
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Financial Protection Benefits
Short-Term Disability
Company paid short-term disability insurance replaces a portion of an employee’s income
(based on years of service) for the first 90 days of an absence due to illness or injury. Full
time employees become eligible on their 91st day of work and disability payments follow a 14
day waiting period.
Long-Term Disability
Company paid long-term disability insurance replaces 60% of base salary due to an illness or
injury that extends beyond 90 days for full time employees. New hires have the option to
purchase supplemental coverage that would replace an additional 15% of their base salary.
Life Insurance
Full-time employees receive company-paid life and accidental death insurance equal to 1.5X
base salary, up to a $750,000 maximum. Full-time employees may purchase additional life
insurance for themselves and for their spouse, up to a $500,00 maximum. Child life
insurance of $10,000 is also available for children up to age 26.
Cancer Insurance
Employees can purchase AFLAC cancer insurance for themselves, their spouse and their
children up to age 26. AFLAC cancer insurance provides financial benefits in the event of a
cancer diagnosis and treatment.
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