Disability Income Protection | Voluntary Benefits
Long Term Disability InsuranceHow It Works
Long Term Disability Insurance
Long Term Disability (LTD) benefits begin after you meet the definition of disability as defined in the policy and satisfy a benefit elimination period of 180 days. You can satisfy your elimination period if you are working, as long as you meet the definition of disability. Your disability will be treated as continuous as long as you do not exceed 90 return-to-work days during the elimination period. After 24 months of payments, you are disabled when The Standard determines that due to the same sickness or injury, you are unable to perform the duties of any gainful occupation for which you are reasonably fitted by education, training or experience. Benefits can continue for each period of disability according to the schedule below.
In addition, the LTD minimum monthly benefit is 25% of your gross disability payment. Under no circumstance will a benefit be payable which exceeds 66⅔% of your monthly earnings.
Submitting a Claim for LTD
A telephonic claims intake service is available on the LTD plan. This service eliminates the need to submit a paper claim. Initiate your claim by calling The Standard’s toll-free telephonic claim intake number, 1-800-378-2395, and report your claim (Group #158390). Call within 14 days after the date your disability begins or as soon as possible. The Standard intake specialist will take your information by phone.
Group LTD Insurance Certificate
Disability Carrier Transition FAQ
What happens if I am currently on a disability claim prior to January 1, 2024?
If you are currently on claim, you will remain on claim with the prior carrier. Your insurance with The Standard will not become effective until the day after you return to work for one full day on or after January 1.
What happens if I am currently on claim and I return to work after January 1, 2024, but become disabled again within the temporary recovery provision of the prior carrier?
If the prior plan allows for your claim to be reopened after you become insured under The Standard, your claim will remain with the prior carrier. If the prior carrier does not allow your claim to be reopened after you become insured with The Standard, we will pick up your claim and manage it under the terms of your prior plan.
Do I get credit for time served under the prior carrier’s pre-existing condition limitation?
Yes, the Standard will give credit for time served towards the prior carrier’s pre-existing condition limitation for amounts that were in force with the prior carrier.
If I select a higher amount of coverage for January 1, 2024, will a pre-existing condition apply?
The pre-existing condition will apply to the newly elected increased coverage amount that has been in-force for 12 months or less. We will give credit for time served towards the pre-existing condition limitation for the amount that was in force prior to January 1, 2024.
Will my coverage continue if I am on an approved leave?
Yes. If you are on an approved leave, we will continue your coverage for the appropriate duration of the leave.
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Long Term Disability Cost by Pay Period
| BENEFIT AMOUNT | COST BY PAY PERIOD | ||
|---|---|---|---|
| If Your Gross Annual Is At Least: | You are eligible for a maximum monthly disability benefit up to: | 20 PAY | 24 PAY |
| $7,200.00 | $400.00 | $3.94 | $3.29 |
| $10,800.00 | $600.00 | $5.94 | $4.95 |
| $14,400.00 | $800.00 | $7.90 | $6.59 |
| $18,000.00 | $1,000.00 | $9.89 | $8.25 |
| $21,600.00 | $1,200.00 | $11.89 | $9.91 |
| $27,000.00 | $1,500.00 | $14.86 | $12.38 |
| $32,400.00 | $1,800.00 | $17.83 | $14.86 |
| $43,200.00 | $2,400.00 | $23.77 | $19.81 |
| $50,400.00 | $2,800.00 | $29.13 | $24.28 |
| $63,000.00 | $3,500.00 | $36.43 | $30.36 |
| $72,000.00 | $4,000.00 | $41.65 | $34.71 |
| $90,000.00 | $5,000.00 | $42.90 | $35.75 |
| $108,000.00 | $6,000.00 | $44.18 | $36.82 |
| $117,000.00 | $6,5000.00 | $45.53 | $37.95 |
| $126,000.00 | $7,000.00 | $46.88 | $39.07 |