Disability Insurance

The Long Term Disability benefit pays 60% of the disabled employee's current salary. It offers “own occupation” benefit to age 67. Partial disability benefits are also available for officers. The benefits are payable to age 67, but may go beyond that if you are still working after age 60 and become disabled. This benefit includes the LifeBalance program that can assist employees in areas from everyday issues from legal, addiction and recovery to education, work and childcare.

The Spousal Disability benefit provides additional income to your employees when their spouse suffers the inability to perform certain activities of daily living. The program has an officer and a non-officer benefit.

Employee Long Term Disability

We offer two waiting periods of 90 and 180 days. After the waiting period, the insurance company pays 60% of your current salary to age 67, or for as long as you are disabled. There are graded benefits for employees disabled after age 60.

Benefits are integrated with Workers' Compensation, Social Security, and Pension benefits, if you elect to receive them; if you elect to postpone them, then there is no integration.

Officers have an "own occupation" definition to age 67, all other employees have an "own occupation" definition for two years. Partial disability benefits are included when eligible.

The maximum monthly benefit is $10,000. There is a 3% cost of living benefit increase for the first five years of disability. Recurrent disabilities are considered for up to six months.

Spousal Disability Option

The plan pays the employee a monthly income benefit (officers - $2,000 per month; non-officers - $1,000 per month) for up to two years after their spouse has been seriously disabled for 60 days and cannot perform two of six activities of daily living (ADL).

The ADL's are: bathing, dressing, toileting, transferring, continence and eating.

This is a summary and not a contract. Please refer to the Long-Term Disability certificate booklets (90-day or 180-day) for complete benefit details.