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
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 |