Disability Insurance
Short-term Disability (STD)
To better protect you and your family from loss of income due to a short-term disability, be sure to take advantage of our short-term disability protection available through OneAmerica. You can purchase Short-term Disability coverage through payroll deduction.
Coverage:
If you are disabled and unable to work as the result of a non-work-related accident or sickness, on the 15th day, you may be eligible to receive payments up to 60% of your pre-disability weekly earnings. Benefits may continue for up to a maximum of 24 weeks (as long as you are continuously disabled). All benefits paid will be reduced by deductible source of income and any other disability payments you receive.
| Benefit Amount | 60% of your weekly pre-disability earnings up to a maximum of $1,250 weekly. |
| Elimination Period | Approved benefits begin after 14 days for a disability resulting from either an injury or a sickness. |
| Maximum Benefit Duration | 24 weeks (as long as you are continuously disabled). |
The short-term disability coverage is subject to a 3/12 pre-existing condition limitation (see note below.*)
Short-term Disability Highlights and Rates
Refer to your Summary Plan Description for details and applicable limitations.
HOW TO ENROLL DURING ANNUAL ENROLLMENT
- Contact the Enrollment Call Center
- Self-enroll online
Long-term Disability (LTD)
You are also able to purchase Long-term Disability insurance through payroll deduction as part of your new hire benefit elections or during the annual Open Enrollment. This coverage is available to provide you and your family financial protection in the event of a long-term disability.
| Benefit Amount | 60% of your monthly pre-disability earnings up to a maximum of $7,000 monthly. |
| Elimination Period | Approved benefits begin after 180 days for a disability resulting from either an injury or a sickness. |
| Maximum Benefit Duration | Five years (as long as you are continuously disabled). For those age 61 or older at the time of disability, a Maximum Period of Payment applies, providing benefits for up to 60 months, depending on age at time of disability. |
The Long-term Disability coverage is subject to a 3/12 pre-existing condition limitation (see note below).*
Long-term Disability Highlights and Rates
* Any condition that you receive medical attention for in the three months prior to your effective date of coverage that results in a disability during the first 12 months of coverage, would not be covered.
NOTE: See your Summary Plan Description for additional enrollment information, including the Plan’s investment options and when you can make changes.