Disability
Disability insurance provides financial protection if you’re unable to work due to illness or injury. It replaces a portion of your income, helping you manage everyday expenses and maintain stability while you recover. Short Term Disability (STD) typically covers temporary conditions, while Long Term Disability (LTD) offers extended support for more serious or long-lasting health issues. This coverage offers peace of mind, ensuring you’ll still receive a steady income if the unexpected happens.
Short Term Disability (STD)
- You are eligible to receive STD benefits after you have been disabled for 7 days due to a non-work-related illness or injury.
- Replaces up to 60% of your eligible income, up to a maximum of $2,500 per week.
- Benefits end after 12 weeks
Voluntary Long Term Disability (LTD)
- You are eligible to receive LTD benefits after 90 days of disability
- Replaces up to 60% of your eligible income, up to a maximum of $10,000 per month until you recover or reach your Social Security Normal Retirement Age, whichever is sooner.
LTD Cost per $100 of Coverage
Employee Age
Rate (per $100)
24 & Under:
$0.120
25–29:
$0.200
30–34:
$0.380
35–39:
$0.610
40–44:
$0.980
45–49:
$1.310
50–54:
$1.690
55–59:
$2.070
60–64:
$2.010
65–69:
$1.320
70–74:
$1.020
75–79:
$1.020
80–84:
$1.020
85 & Older:
$1.020