Disability Insurance
Being unable to work due to illness or injury can be stressful. We provide Disability Insurance through New York Life to help take care of your financial worries so that you can focus on your recovery.
Our Disability insurance is now provided through New York Life (formerly Cigna). Though the name of the carrier is changing, your benefits and costs are not changing.
How does it work?
Disability Insurance replaces a portion of your earnings if you become disabled and are unable to work.
What am I covered for?
| Summary of features | Voluntary Short-term Disability Insurance | Long-term Disability Insurance |
|---|---|---|
| Benefit | 60% of your base earnings* up to $1,500 per week | 60% of your base earnings* up to $10,000 per month |
| Begins | Benefits begin after 14 calendar days of absence from work and continue for up to 12 weeks | Benefits begin when short-term disability benefits end and continue until you reach the Social Security retirement age |
| Restrictions | If you’ve been seen, treated, or prescribed medication for a condition in the three months prior to the effective date of your coverage, benefits for a disability related to that condition will not be payable until 12 months following the effective date | If you’ve been seen, treated, or prescribed medication for a condition in the three months prior to the effective date of your coverage, benefits for a disability related to that condition will not be payable until 12 months following the effective date |
| Benefit | |
|---|---|
| Voluntary Short-term Disability Insurance | 60% of your base earnings* up to $1,500 per week |
| Long-term Disability Insurance | 60% of your base earnings* up to $10,000 per month |
| Begins | |
| Voluntary Short-term Disability Insurance | Benefits begin after 14 calendar days of absence from work and continue for up to 12 weeks |
| Long-term Disability Insurance | Benefits begin when short-term disability benefits end and continue until you reach the Social Security retirement age |
| Restrictions | |
| Voluntary Short-term Disability Insurance | If you’ve been seen, treated, or prescribed medication for a condition in the three months prior to the effective date of your coverage, benefits for a disability related to that condition will not be payable until 12 months following the effective date |
| Long-term Disability Insurance | If you’ve been seen, treated, or prescribed medication for a condition in the three months prior to the effective date of your coverage, benefits for a disability related to that condition will not be payable until 12 months following the effective date |
*Base earnings is the base compensation paid to the Employee excluding bonuses, incentives and overtime pay, for example:
Joe earns $1000 regular earnings and $300 overtime wages per week.
Joe’s STD benefit is $600 (1000 x 60%).
How much will coverage cost me?
| Your age | Voluntary Short-term Disability Insurance | Long-term Disability Insurance |
For example: Joe’s weekly benefit is $600.
Joe's cost per paycheck is: |
|---|---|---|---|
| < 29 | $0.107 | Spitzer Industries pays the full cost of this coverage | $0.107 x 60 = $6.42 |
| 30 - 34 | $0.111 | Spitzer Industries pays the full cost of this coverage | $0.111 x 60 = $6.66 |
| 35 - 39 | $0.111 | Spitzer Industries pays the full cost of this coverage | $0.111 x 60 = $6.66 |
| 40 - 44 | $0.131 | Spitzer Industries pays the full cost of this coverage | $0.131 x 60 = $7.86 |
| 45 - 49 | $0.162 | Spitzer Industries pays the full cost of this coverage | $0.162 x 60 = $9.72 |
| 50 - 54 | $0.200 | Spitzer Industries pays the full cost of this coverage | $0.200 x 60 = $12.00 |
| 55 - 59 | $0.266 | Spitzer Industries pays the full cost of this coverage | $0.266 x 60 = $15.96 |
| 60 - 64 | $0.335 | Spitzer Industries pays the full cost of this coverage | $0.335 x 60 = $20.10 |
| 65 - 69 | $0.384 | Spitzer Industries pays the full cost of this coverage | $0.384 x 60 = $23.04 |
| 70 - 74 | $0.422 | Spitzer Industries pays the full cost of this coverage | $0.422 x 60 = $25.32 |
| 75+ | $0.422 | Spitzer Industries pays the full cost of this coverage | $0.422 x 60 = $25.32 |
| < 29 | |
|---|---|
| Voluntary Short-term Disability Insurance | $0.107 |
| Long-term Disability Insurance | Spitzer Industries pays the full cost of this coverage |
|
For example: Joe’s weekly benefit is $600.
Joe's cost per paycheck is: |
$0.107 x 60 = $6.42 |
| 30 - 34 | |
| Voluntary Short-term Disability Insurance | $0.111 |
| Long-term Disability Insurance | Spitzer Industries pays the full cost of this coverage |
|
For example: Joe’s weekly benefit is $600.
Joe's cost per paycheck is: |
$0.111 x 60 = $6.66 |
| 35 - 39 | |
| Voluntary Short-term Disability Insurance | $0.111 |
| Long-term Disability Insurance | Spitzer Industries pays the full cost of this coverage |
|
For example: Joe’s weekly benefit is $600.
Joe's cost per paycheck is: |
$0.111 x 60 = $6.66 |
| 40 - 44 | |
| Voluntary Short-term Disability Insurance | $0.131 |
| Long-term Disability Insurance | Spitzer Industries pays the full cost of this coverage |
|
For example: Joe’s weekly benefit is $600.
Joe's cost per paycheck is: |
$0.131 x 60 = $7.86 |
| 45 - 49 | |
| Voluntary Short-term Disability Insurance | $0.162 |
| Long-term Disability Insurance | Spitzer Industries pays the full cost of this coverage |
|
For example: Joe’s weekly benefit is $600.
Joe's cost per paycheck is: |
$0.162 x 60 = $9.72 |
| 50 - 54 | |
| Voluntary Short-term Disability Insurance | $0.200 |
| Long-term Disability Insurance | Spitzer Industries pays the full cost of this coverage |
|
For example: Joe’s weekly benefit is $600.
Joe's cost per paycheck is: |
$0.200 x 60 = $12.00 |
| 55 - 59 | |
| Voluntary Short-term Disability Insurance | $0.266 |
| Long-term Disability Insurance | Spitzer Industries pays the full cost of this coverage |
|
For example: Joe’s weekly benefit is $600.
Joe's cost per paycheck is: |
$0.266 x 60 = $15.96 |
| 60 - 64 | |
| Voluntary Short-term Disability Insurance | $0.335 |
| Long-term Disability Insurance | Spitzer Industries pays the full cost of this coverage |
|
For example: Joe’s weekly benefit is $600.
Joe's cost per paycheck is: |
$0.335 x 60 = $20.10 |
| 65 - 69 | |
| Voluntary Short-term Disability Insurance | $0.384 |
| Long-term Disability Insurance | Spitzer Industries pays the full cost of this coverage |
|
For example: Joe’s weekly benefit is $600.
Joe's cost per paycheck is: |
$0.384 x 60 = $23.04 |
| 70 - 74 | |
| Voluntary Short-term Disability Insurance | $0.422 |
| Long-term Disability Insurance | Spitzer Industries pays the full cost of this coverage |
|
For example: Joe’s weekly benefit is $600.
Joe's cost per paycheck is: |
$0.422 x 60 = $25.32 |
| 75+ | |
| Voluntary Short-term Disability Insurance | $0.422 |
| Long-term Disability Insurance | Spitzer Industries pays the full cost of this coverage |
|
For example: Joe’s weekly benefit is $600.
Joe's cost per paycheck is: |
$0.422 x 60 = $25.32 |
How do I make a claim?
Call 888.842.4462 .
When asked for your Group Number, please provide:
- Voluntary Short-term Disability Insurance
- VDT962596
- Long-term Disability Insurance
- LK965703
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