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Standard Life Disability Plan Details
Payable in addition to sick leave
Benefits payable regardless of other insurance
Weekends and holidays are covered
Benefits are paid directly to you
Benefits are tax free
Maternity is covered as any other sickness
No change in premium due to age
You may continue coverage if you leave your Employer, provided you maintain continuous employment.
Accident & Sickness Protection
On or off the job, 24 hour a day
coverage. Income is provided when you are disabled due to a sickness or as a
result of an accident. Benefits begin on the first day if you are
disabled due to an accident. Benefits begin on the eighth day if
you are disabled due to sickness.
You can choose to insure up to 70% of your gross monthly income, up to a maximum of $2,000.00 per month. Income will be provided for the benefit period you choose up to 365 days.
Eligibility
These benefit plans are optional and all
full-time employees under 65 years of age may apply. The disability benefit is
for employees only. Applications for all participants will be
underwritten.
Policy Features
Pre-existing Conditions:
If you received medical advice for a treatment of a health condition within twelve months prior to the effective date of insurance, there will be no coverage for that condition until twelve consecutive months beyond the effective date.Pregnancy: Benefits are covered provided conception occurs after the effective date of the policy, not the date the application was signed.
Portability: When an employee leaves the employment of Mitchell County Schools, they may continue the short term disability coverage, subject to the renewability provision, provided they maintain continuous employment.
This coverage expires on the policy anniversary date following your 65th birthday.
Limits and Exclusions:
Benefits will not be paid for any total disability which:
1) Occurs while the policy is not in force;
2) Does not require the regular care of a physician;
3) Is due to the use of intoxicants or narcotics, except on the advice of a physician;
4) Is on account of intentional self-inflicted injury;
5) Is a result of mental or nervous disorders;
6) Results from armed conflicts;
7) Arises out of aviation, except scheduled passengers on commercial airlines;
8) Results from traveling more than forty miles outside the US;
9) Results from the participation in a felony or working at an illegal job.
10) Results from a pre-existing condition, as defined in the
policy.
This is a brief description of the important features of your policy. This is
not an insurance contract; therefore, it is important that you read your policy
carefully.
Standard Life Disability Rates
| Benefit Duration: 90 Days | Benefit Duration: 180 Days | Benefit Duration: 365 Days | |||||
| Monthly Benefit | Monthly Premium | Monthly Benefit | Monthly Premium | Monthly Benefit | Monthly Premium | ||
| $500 | $11.25 | $500 | $17.50 | $500 | $22.50 | ||
| $600 | $13.50 | $600 | $21.00 | $600 | $27.00 | ||
| $700 | $15.75 | $700 | $24.50 | $700 | $31.50 | ||
| $800 | $18.00 | $800 | $28.00 | $800 | $36.00 | ||
| $900 | $20.25 | $900 | $31.50 | $900 | $40.50 | ||
| $1,000 | $22.50 | $1,000 | $35.00 | $1,000 | $45.00 | ||
| $1,100 | $24.75 | $1,100 | $38.50 | $1,100 | $49.50 | ||
| $1,200 | $27.00 | $1,200 | $42.00 | $1,200 | $54.00 | ||
| $1,300 | $29.25 | $1,300 | $45.50 | $1,300 | $58.50 | ||
| $1,400 | $31.50 | $1,400 | $49.00 | $1,400 | $63.00 | ||
| $1,500 | $33.75 | $1,500 | $52.50 | $1,500 | $67.50 | ||
| $1,600 | $36.00 | $1,600 | $56.00 | $1,600 | $72.00 | ||
| $1,700 | $38.25 | $1,700 | $59.50 | $1,700 | $76.50 | ||
| $1,800 | $40.50 | $1,800 | $63.00 | $1,800 | $81.00 | ||
| $1,900 | $42.75 | $1,900 | $66.50 | $1,900 | $85.50 | ||
| $2,000 | $45.00 | $2,000 | $70.00 | $2,000 | $90.00 | ||
