Short-term disability source list -...
Transcript of Short-term disability source list -...
73BenefitsSellingMag.com • July 2008 • Benefits Selling
Short-term disability source list
This list represents those companies that chose to participate and has been edited for space.
Aflac706-660-7008www.aflac.com
Policy name Short-Term Disability
States available All
Minimum group size Five
Voluntary or employer-paid coverage Voluntary, employee paid short-term disability.
Eligibility requirements Working a full-time job of 30 hours or more and earn a minimum of $12,000annually. Available to applicants of ages 18-64.
Underwriting/coverage amounts Depending on the benefit period, up to $5,000 per month.
Elimination period Depending on the benefit period, 0/7 to 180/180
Maximum benefit period? 24 months
What is the maximum monthly benefit? Depending on the benefit period, up to $5,000.
AIG Employee BenefitSolutions877-672-1647www.aigebs.com
Policy name AIG Group Short-Term Disability Insurance
States available All except Hawaii
Minimum group size 2 lives
Voluntary or employer-paid coverage Both employer-funded and employee-paid plans are available.
Eligibility requirements Employees must be actively at work 30 or more hours per week.
Underwriting/coverage amounts Eligible groups may qualify for up to $2,000 of weekly disability income benefits subjectto the lesser of the industry maximum or an average of the top five salaries.
Elimination period 0, 7, 14 or 29 days for injury; 7, 14 or 29 days for sickness.
Maximum benefit period? Up to 52 weeks depending on plan specifics.
What is the maximum monthly benefit? Up to $2,000 per week (maximum may vary based on the specifics of the group)
Allied National888-767-7133www.alliednational.com
Policy name Allied Life and Disability
States available All
Minimum group size 2
Voluntary or employer-paid coverage Employer Paid, Minimum 25% of the employees cost.
Eligibility requirements 30 hours per week, appearing on the state quarterly tax and wage report.
Underwriting/coverage amounts 60% of salary to $1,000
Elimination period 1-8 or 8-8
Maximum benefit period? 13 or 26 weeks
What is the maximum monthly benefit? 1000 per week
Allstate WorkplaceDivision888-694-3275www.allstateatwork.com
Policy name Paycheck Protector
States available All
Minimum group size None (5 policies when payroll deducted)
Voluntary or employer-paid coverage Voluntary
Eligibility requirements Actively at work. Ages 18-69 most states. Simplified issue health, income, occupa-tion. No medical or blood tests.
Underwriting/coverage amountsUp to 60% of income or up to $5,000/month. Contingent Guaranteed Issue for 50employees or more. 12 mo pre-ex. Maximum takes other DI coverage amounts intoconsideration. Minimum $400/month. Minimum annual income $8,000.
Elimination period 0/7, 7/7, 0.14, 14/14, 30/30, 90/90, 180/180 Can vary by state
Maximum benefit period? 24 months
What is the maximum monthly benefit? $5,000/month or 60% of income, most states
American FidelityAssurance Co.877-967-5748www.afadvantage.com
Policy name Paycheck Protector
States available All except New York North Dakota
Minimum group size 5 Acceptable Applications (Trust Issue) or 25 Eligible Lives (Direct Issue)
Voluntary or employer-paid coverage Voluntary.
Eligibility requirements Active, full-time employees working a minimum of 25 hours per week.
Underwriting/coverage amounts Guarantee Issue of up to $3,000 in monthly benefit is available if participationrequirements are met.
Elimination period 7/7 up to 30/30.
Maximum benefit period? 2 years.
What is the maximum monthly benefit? 60% of salary, exclusive of bonus and/or overtime earnings, up to a maximum of $7,500.
74 Benefits Selling • July 2008 • BenefitsSellingMag.com
Short-term disability source list
This list represents those companies that chose to participate and has been edited for space.
American Public Life800-256-6736 ext 203www.Ampublic.com
Policy name G111
States availableAlabama, Arizona, Arkansas, Colorado, Delaware, Georgia, Indiana, Iowa, Kansas,Kentucky, Louisiana, Massachusetts, Michigan, Mississippi, Missouri, Nebraska,New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, SouthCarolina Tennessee, Texas, Virginia, West Virginia and Wisconsin
Minimum group size 10
Voluntary or employer-paid coverage Voluntary
Eligibility requirements Fuill time employee
Underwriting/coverage amounts GI $3.000 per month. Simplified issue to $6,000 per month
Elimination period 0-7 to 30-30
Maximum benefit period? 24 months
What is the maximum monthly benefit? $6,000
American SentinelInsurance Co.800-692-7338www.americansentinel.cc
Policy name Individual Short-term Disability
States available Delaware, Illinois, Indiana, Iowa, Louisiana, Maryland, Missouri, Nevada, NewYork, Ohio, Pennsylvania, South Carolina and West Virginia
Minimum group size 1
Voluntary or employer-paid coverage Voluntary, i’s individual STD that pays in addition to workers’ Ccomp or SocialSecurity. One page application No income documentation No Physical
Eligibility requirements Medically underwrite
Underwriting/coverage amounts Up to $1,500 a month tax fress
Elimination period 0-15 - 30-30-60-60
Maximum benefit period? 1 Year
What is the maximum monthly benefit? $1,500 a month
Assurant EmployeeBenefits816-474-2345www.assurantemployeebene-fits.com
Policy name Assurant Employee Benefits offers several group short-term disability products.
States available All
Minimum group size 10 lives
Voluntary or employer-paid coverage Assurant Employee Benefits offers both voluntary and employer-paid group short-term disability coverage. However, voluntary STD is not available in New York.
Eligibility requirements Eligibility requirements vary from group to group, as Assurant Employee Benefitsallows the employer/policyholder to determine these.
Underwriting/coverage amounts Coverage amounts vary based on coverage elected. Most amounts are availableon a guaranteed issue basis for timely applicants.
Elimination period The elimination period varies according to policyholder choice – 7 days and 14days are standard.
Maximum benefit period? The maximum benefit period varies according to policyholder choice – 13 and 26weeks are standard.
What is the maximum monthly benefit? The maximum monthly benefit varies based on policyholder choice -- $1,000 perweek is standard.
Brokers National LifeAssurance Co.800-798-1125www.bnlac.com
Policy name Group Short Term Disability Insurance
States availableAll except California, Connecticut, Hawaii, Kentucky, Maine, Maryland, Massachusetts,Minnesota, New Hampshire, New Jersey, New York, North Carolina, North Dakota,Rhode Island, Vermont, Virginia, Washington, Washington, D.C., and Wisconsin
Minimum group size Three
Voluntary or employer-paid coverage Voluntary
Eligibility requirements Full-time employees working a minimum of 30 hours a week.
Underwriting/coverage amounts Up to $500 weekly benefit
Elimination period n/a
Maximum benefit period? 12 months
What is the maximum monthly benefit? About $2,000 month
76 Benefits Selling • July 2008 • BenefitsSellingMag.com
Short-term disability source list
This list represents those companies that chose to participate and has been edited for space.
Combined Insurance866-857-2317www.CombinedInsurance.com
Policy name Disability Income
States available All except New Hampshire
Minimum group size 1
Voluntary or employer-paid coverage Voluntary--employee paid. Policies are individually underwritten.
Eligibility requirementsIssue ages 18-63 Min. income requirement: $12,000 ($14,000 in NY, NJ, RI, HI and WV)Must be actively at work on date of enrollment Must work full time and employed withsame employer for at least 6 months
Underwriting/coverage amounts $500 to $5000 per month (up to 60%) of salary
Elimination period (accident/sickness) 0/7,7/7,14/14,30/30, 90/90, 180/180 days (VA & VT do not allow180 day elim periods)
Maximum benefit period? Base policy: 12 months; extended benefits rider for additional 1 or 4 years
What is the maximum monthly benefit? 60% of salary up to $5,000; in CA up to 20% of salary
Companion Life800-753-0404www.CompanionLife.com
Policy name Short Term Disability
States available All Except California Connecticut, Hawaii, New Jersey and New York
Minimum group size 2 for employer-paid STD, 3 for Voluntary STD
Voluntary or employer-paid coverage Companion Life offers employer-paid and Voluntary STD plans
Eligibility requirements Full-time employees working 30 hours a week are eligible.
Underwriting/coverage amountsEmployer-paid: maximum benefit and GI - 60% of earnings to $750/week for groups of2-9 with no pre-ex. Higher amounts available to groups of 10 +. Voluntary STD:Maximum benefit and GI - 66 2/3% to a maximum of $750/week.
Elimination period First day accident, eigth day sickness. Other elimination periods are available.
Maximum benefit period? 13, 26 and 52 week benefit periods available
What is the maximum monthly benefit? We express the maximum benefit as a weekly benefit, not monthly.
Conseco Insurance Co.800-266-6002www.partnerwith.com/worksite/
Policy name Conseco Wage Guard
States available All except California, Connecticut, Florida, Maryland, Minnesota, Montana,Nevada, New Jersey, New York, North Dakota, South Dakota and Vermont
Minimum group size 25% of eligible employees or six lives, whichever is greater
Voluntary or employer-paid coverage Voluntary, but employer can pay all or part of the coverage
Eligibility requirementsEmployees must be full-time W2 employees; work a minimum of 30 hours perweek; work and reside in the U.S. and meet all the eligibility guidelines defined bythe employer
Underwriting/coverage amounts Benefits amounts up to $1,700 per week (subject to maximum benefit percentagesand plan design)
Elimination period Multiple options available
Maximum benefit period? Two years
What is the maximum monthly benefit? $7,500
Continental AmericanInsurance Co.800433-3036www.caicworksite.com
Policy name Group Short Term Disability
States available All except California, Michigan, Minnesota, New Hampshire and New York
Minimum group size 25
Voluntary or employer-paid coverage This coverage is voluntary
Eligibility requirements Employees working 30 hours or more per week, who have completed at least onemonth of continuous employment.
Underwriting/coverage amounts Coverage amounts are based on salary. Employee may apply for up to 50% of salary.
Elimination period Can be customized
Maximum benefit period? 24 months
What is the maximum monthly benefit? $3,000
Disability InsuranceResource Center800-551-6211www.di-resource-center.com
Policy name Varies
States available All
Minimum group size 1
Voluntary or employer-paid coverage Either
Eligibility requirements $20K year earnings
Underwriting/coverage amounts Full underwriting up to $10k/month
Elimination period 15/30/60/90
Maximum benefit period? 5 years
What is the maximum monthly benefit? $10K
78 Benefits Selling • July 2008 • BenefitsSellingMag.com
Short-term disability source list
This list represents those companies that chose to participate and has been edited for space.
Fort Dearborn Life800-331-0512www.fdl-life.com
Policy name Group Short Term Disability
States available All
Minimum group size 2
Voluntary or employer-paid coverage Available as either voluntary or employer paid
Eligibility requirements All active at work employees working at least 20 hours per week.
Underwriting/coverage amounts 60% of weekly salary
Elimination period Varies, based on customer need
Maximum benefit period? 52 weeks
What is the maximum monthly benefit? Standard maximum weekly benefit is $1,500; customized programs are available
Guardian LifeInsurance Co.800-356-5808www.guardianlife.com
Policy name AbilityGuard
States available All
Minimum group size 2
Voluntary or employer-paid coverage We offer both.
Eligibility requirements 30 hour, full-time
Underwriting/coverage amounts up to $3,000/week GI
Elimination period Variew from 0-29 days
Maximum benefit period? again varies, usually 13 or 26 weeks
What is the maximum monthly benefit? $13,000
Harbor InsuranceMarketing866-424-2167www.harborins.com
Policy name Short Term Disability Income Plus
States available All except Massachusetts
Minimum group size 5
Voluntary or employer-paid coverageThe product is voluntary and can be employee or employer paid. The product is ona list bill and the premium can be deducted from the employees paycheck or theemployer can pay for the premium.
Eligibility requirementsThe employee must be working full-time at least 30 hours per week, and must havebeen full-time for the last 90 continuous days (new employees 30 days) with the cur-rent employer.
Underwriting/coverage amounts $300 - $5,000 per month with maximum benefit of 60% of income.
Elimination period For Accident: 0, 7, 14, 30, 60, 90 or 180 consecutive days. Possible combinations:0/7, 7/7, 0/14, 14/14, 30/30, 60/60, 90/90 or 180/180
Maximum benefit period? 24 months
What is the maximum monthly benefit? $5,000 per month up to 60% of income
Harleysville LifeInsurance Co.800-222-1981www.harleysvillelife.com
Policy name Group short-term disability
States availableAlabama, Arizona, Arkansas, Delaware, Georgia, Illinois, Indiana, Iowa, Maryland,Massachusetts, Michigan, Minnesota, Nebraska, New Hampshire, New Mexico,North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia,Washington, D.C., West Virginia and Wisconsin
Minimum group size 2
Voluntary or employer-paid coverage Coverage offered on an employer-paid or employee-paid basis.
Eligibility requirements For all qualifying industries, full-time employee working 30 or more hours perweek are eligible for short-term disability benefits.
Underwriting/coverage amounts Plan benefits up to 70% of weekly salary to a maximum of $1,500/week.
Elimination period 0-7
Maximum benefit period? 26 weeks
What is the maximum monthly benefit? $500 - $1,500 depending on size of group
HeathPlan Services800-545-6441www.HealthPlan.com
Policy name Short Term Disability
States available All
Minimum group size 2 Plus Lives
Voluntary or employer-paid coverage We offer both Voluntary and Employer paid
Eligibility requirements Depending on the Nature of business, minimum time in business must be 2 + Years.
Underwriting/coverage amounts Evidence of insurability is required for all late entrants The carrier absorbs med-ical Underwriting for timely entrants only
Elimination period 0,7,14 or 29 for Injury, 7,14, or 29 sickness
Maximum benefit period? 13, 26 or 52 weeks.
What is the maximum monthly benefit? Upto $2000 depending on the Er contribution and Industry.
Short-term disability source listIllinois Mutual LifeInsurance Co.800-437-7355, Ext 782www.illinoismutual.com
Policy name Voluntary Short Term Disability
States available All except Alaska, Hawaii, Montana, New Hampshire, New York, Utah, Vermontand Washington, D.C.
Minimum group size 20 eligible employee
Voluntary or employer-paid coverage Coverage is voluntary payroll deducted
Eligibility requirements Eligibility requirements are determined on a case by case basis depending on thetype of industry
Underwriting/coverage amounts $400 to a maximum of 60% of gross monthly salary not to exceed $5,000
Elimination period range from 0/7 to 180/180
Maximum benefit period? 5 years
What is the maximum monthly benefit? $5,000
Kansas City Life GroupBenefits877-266-6767 ext. 8200www.kclgroupbenefits.com
Policy name Short Term Disability
States available All except California, New Jersey, New York and Vermont
Minimum group size 2
Voluntary or employer-paid coverage We offer both voluntary and employer paid options.
Eligibility requirements Employees must be actively working full-time, minimum of 30 hours per week.
Underwriting/coverage amounts Generally, the entire benefit amount is guaranteed issue.
Elimination period Various
Maximum benefit period? 52 weeks
What is the maximum monthly benefit? Determined by the top three salaries.
82 Benefits Selling • July 2008 • BenefitsSellingMag.com
Short-term disability source list
This list represents those companies that chose to participate and has been edited for space.
Mutual Of Omaha800-689-6109www.mutualofomaha.com
Policy name Group Short Term Disability
States available All
Minimum group size 10 Insured Lives
Voluntary or employer-paid coverage Funding options include Employer Paid, Premium Cost sharing, and VoluntaryShort Term Disability.
Eligibility requirements Active Full-Time employees working a minimum of 30 hours per week.
Underwriting/coverage amounts Schedules of coverage between 40% and 70% of insurable Weekly Earnings.Voluntary STD insures up to 60% of Weekly Earnings.
Elimination period From 3 days to 30 days. First Day Hospitalization available.
Maximum benefit period? Up to 52 weeks.
What is the maximum monthly benefit? Up to $3,500 weekly benefit maximum for qualifying groups.
Mutual of Omaha800-689-6109www.mutualofomaha.com
Policy name Group Master Policy Form 7000GM-E2
States available All
Minimum group size 10
Voluntary or employer-paid coverage Employer-paid premium cost sharing and voluntary coverage available
Eligibility requirements Varies by group size and industry; options available
Underwriting/coverage amounts Varies by group size and plan; multiple options available
Elimination period Varies by plan; multiple options available
Maximum benefit period? Varies by plan; multiple options available
What is the maximum monthly benefit? Varies by plan; multiple options available
National BenefitConsultants Inc.480-940-0070www.nbcbenefits.com
Policy name Short-Term Disability Income
States available All
Minimum group size 100
Voluntary or employer-paid coverage Voluntary coverage
Eligibility requirements Ages 18-60+
Underwriting/coverage amounts 60% of income up to $6,000 per month.
Elimination period Various options: 0/7, 7/7, 14/14, 30.30
Maximum benefit period? 6 months
What is the maximum monthly benefit? $6,000+
Petersen InternationalUnderwriters800-345-8816www.piu.org
Policy name High Limit Disability
States available All
Minimum group size 1
Voluntary or employer-paid coverage May be purchased individually or by the employer
Eligibility requirements Medically and financially insurable
Underwriting/coverage amounts 65% of income up to $100,000 per month.
Elimination period 30, 60, 90 days
Maximum benefit period? 60 months
What is the maximum monthly benefit? $100,000
Principal LifeInsurance Co.800-786-4461www.principal.com
Policy name Group Voluntary Short Term Disability Insurance
States available All
Minimum group size Greater of 10 enrolled lives or 25% participation
Voluntary or employer-paid coverage Voluntary. 100% employee paid.
Eligibility requirementsEmployer sponsored plan that requires an employee-employer relationship and a wait-ing period before and employee is eligible for coverage and an weekly hourly workrequirement to become and remain eligible for coverage.
Underwriting/coverage amounts Medical evidence is not required.
Elimination period Elimination periods available between 8 and 90 days, with 8 days being standard.
Maximum benefit period? Options are available from four to 52 weeks, with 26 being standard.
What is the maximum monthly benefit? $6,000
Short-term disability source listPrincipal LifeInsurance Co.800-786-4461www.Prinicpal.com
Policy name Group Short Term Disability
States available All
Minimum group sizeThree lives is multi-product or five lives is standalone coverage or contributory. Ifcoverage is provided on a contributory basis, a minimum of 50% employee partici-pation is required.
Voluntary or employer-paid coverage This coverage is available as non-contributory or contributory.
Eligibility requirementsEmployer sponsored plan that requires an employee-employer relationship and gener-ally a waiting period before and employee is eligible for coverage and an weeklyhourly work requirement to become and remain eligible for coverage.
Underwriting/coverage amounts Medical evidence is not required.
Elimination period Elimination periods available between 1 and 90 days, with 8 days being standard.First day injury and hospitalization is also available.
Maximum benefit period? Options are available from four to 52 weeks, with 26 being standard.
What is the maximum monthly benefit? $10,000
Prudential Insurance Co.of America, The800 FIND PRUwww.prudential.com
Policy name Disability Absence & Productivity
States available All
Minimum group size 25
Voluntary or employer-paid coverage Prudential's STD plan may be Voluntary, Basic, or shared contributions betweenthe employer and employee.
Eligibility requirementsUnable to perform the material and substantial duties of your regular occupationdue to sickness or injury and are under the regular care of a doctor and have a20% or more loss in your weekly earnings due to that sickness or injury.
Underwriting/coverage amountsThe elimination period may be flexible depending on each employer's needs. Thestandard elimination period options are 7 and 14 days with benefits beginning onthe 8th or 15th day of disability.
Elimination period The maximum benefit period may be flexible depending on each employer'sneeds. The standard maximum benefit period options are 13 and 26 weeks.
Maximum benefit period? Average monthly benefit amount may be flexible depending on each employer'sneeds. The overall maximum available is $3,500 per month.
85BenefitsSellingMag.com • July 2008 • Benefits Selling
Short-term disability source list
This list represents those companies that chose to participate and has been edited for space.
Reliance Standard LifeInsurance Co.800-351-7500www.reliancestandard.com
Policy name Short Term Disability
States available All
Minimum group size 2 lives
Voluntary or employer-paid coverage We offer STD as a small-gropu employer-paid coverage (2-19 lives), and anemployer-paid or voluntary coverage on group 10 lives and up.
Eligibility requirements Standard - Each active, full-time employee, working company-required hours perweek, except on a temporary or seasonal basis
Underwriting/coverage amounts Either a benefit percentage of (employer paid - max 70%; union - 60%, employee paid -60%) or a scheduled flat dollar amount not to exceed the above percentages
Elimination period 1-30 days (standard - 1st day injury; 8th day sickness)
Maximum benefit period? 13, 26, 52 weeks
What is the maximum monthly benefit? $2309 per week; $750 for 100% employee pd
Shenandoah LifeInsurance Co.800-848-5433 ext. 4449www.shenlife.com
Policy name StarProtect
States availableAlabama, Arizona, Arkansas, Colorado, Delaware, Florida, Georgia, Illinois, Indiana, Iowa,Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Mississippi, Missouri,Nebraska, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, SouthCarolina, Tennessee, Texas, Virginia, Washington, D.C., West Virginia and Wisconsin
Minimum group size 2
Voluntary or employer-paid coverage We have both voluntary and employer-paid
Eligibility requirements Small Group: 2 - 9 True Group: 10 + Voluntary: 2 +
Underwriting/coverage amounts Guarantee Issue - Flat Amounts or 50 - 70 percent plans.
Elimination period 0 - 60 Days
Maximum benefit period? 8 - 52 Weeks
What is the maximum monthly benefit? $1,000
Small Group Solutions Inc.800-201-0275www.sgscenter.com
Policy name Group 2-9, guaranteed issue w/pre-x benefit
States available All
Minimum group size 2 with or a class carve out option of 2 employees.
Voluntary or employer-paid coverage Employer can pay all, part of or none of the premium so benefits can be receivedincome tax free by the employee.
Eligibility requirements Minimun of 2 employees working 30 or more hours per week. Over 90% of theindustries can purchase.
Underwriting/coverage amounts Guaranteed issue at 2, requires no underwriting, for benefits of 70% of salary upto$1,000 per week. Choices of 13 or 26 week benefits.
Elimination period 0 day accident / 7 day sickness.
Maximum benefit period? Choice of a 13 weeks & 26 week benefit.
What is the maximum monthly benefit? $1,000 per week
Standard Insurance Co.800-633-8575www.standard.com
Policy name Short Term Disability Insurance
States available All except New York
Minimum group size 2
Voluntary or employer-paid coverage Coverage is available on both a voluntary and employer-paid basis.
Eligibility requirements Work at least 30 hours per week and must meet the eligibility waiting period.
Underwriting/coverage amounts Coverage amounts vary and can be customized to meet the needs of the customer.
Elimination period The dlimination period can be customized to meet the needs of the customer.
Maximum benefit period? The maximum benefit period can be customized to meet the needs of the customer.
What is the maximum monthly benefit? $5,000
86 Benefits Selling • July 2008 • BenefitsSellingMag.com
Short-term disability source list
This list represents those companies that chose to participate and has been edited for space.
Standard Life InsuranceCo. of New York, The800-633-8575www.standard-ny.com
Policy name Short Term Disability Insurance
States available New York
Minimum group size 10
Voluntary or employer-paid coverage STD coverage is available on either a voluntary or employer-paid basis.
Eligibility requirements Work for at least 30 hours per week and must meet the eligibility waiting period.
Underwriting/coverage amounts Coverage amounts can be customized to meet the needs of the customer.
Elimination period The elimination period can be customized to meet the needs of the customer.
Maximum benefit period? The maximum benefit period can be customized to meet the needs of the customer.
What is the maximum monthly benefit? $5,000
Starmark800-522-1246www.starmarkinc.com
Policy name Short-Term Disability Plans
States availableAlabama, Alaska, Arizona, Arkansas, Delaware, Georgia, Idaho, Illinois, Indiana, Iowa,Kansas, Louisiana, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, NewMexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota,Tennessee, Texas, Utah, Virginia, Washington, D.C., West Virginia, Wisconsin and Wyoming
Minimum group size Two
Voluntary or employer-paid coverage The employer contributes.
Eligibility requirements Unable, due to sickness or injury, to do the substantial and material duties of theregular job; not doing any other work for wage or profit.
Underwriting/coverage amounts Short-term disability benefits are payable as a percentage of salary from the fol-lowing options: 50 percent, 55 percent, 60 percent or 66 percent.
Elimination period Plan 1: 7-day elimination period, Plan 2: 14-day elimination period, Plan 3: 28-dayelimination period
Maximum benefit period? Plan 1: 26 weeks, Plan 2: 52 weeks, Plan 3: 130 weeks
What is the maximum monthly benefit? The minimum weekly benefit is $35 and can be increased in $50 increments to amaximum weekly benefit of $700.
Sun Life FinancialEmployee Benefits Group866-539-7678www.sunlife-usa.com
3Policy name Short Term Disability
States available All
Minimum group size 2 lives
Voluntary or employer-paid coverage Both voluntary and employer-paid plans are available.
Eligibility requirements Full-time employees working at least 30 hours per week, however can cover any typeof employee working any number of hours.
Underwriting/coverage amounts Generally, all coverage is issued on a guarantee issue basis.
Elimination period Varies based on policyholder request and underwriting guidelines. We generallywill do 0/3 (accident/sickness) up to 90/90 (accident/sickness).
Maximum benefit period? varies based on policyholder request and underwriting guidelines. We generallydo between 1 week and 104 weeks.
What is the maximum monthly benefit?STD is paid weekly, therefore all our plans are set up with weekly maximum benefits.These can range from $50 to $5,000 (or higher) depending upon policyholder requestand underwriting guidelines.
Sun Life FinancialProfessional InsuranceCo.860-737-1492www.ebg.sunlife.com
Policy name Disability Income
States available All except Alaska, Delaware, Maine, Minnesota, New Jersey, New York, RhodeIsland and Vermont
Minimum group size Two
Voluntary or employer-paid coverage Coverage can be either voluntary, employer-paid, or a mixture of both.
Eligibility requirementsGuarantee Issue is available for 10 lives or 30% of the eligible group, whichever isgreater. Individuals must be at work for the past 30 days and work at least 27hours per week.
Underwriting/coverage amounts Benefit amounts of up to $5,000 a month are available. Typically, coverage cannotexceed 60% of income.
Elimination period Ranges from 0/0 to 365/365
Maximum benefit period? 2 Years
What is the maximum monthly benefit? $5,000
89BenefitsSellingMag.com • July 2008 • Benefits Selling
Short-term disability source list
This list represents those companies that chose to participate and has been edited for space.
Symetra Life InsuranceCo.800-SYMETRAwww.symetra.com
Policy name Group Short-Term Disability Income Insurance
States available All except California, Indiana, Maryland, New York and North Carolina
Minimum group size 10 or more enrolled lives
Voluntary or employer-paid coverage We offer both employer-paid and voluntary options.
Eligibility requirements These are determined by the employer.
Underwriting/coverage amounts Employer-contribution STD: Up to 70 percent of pre-disability earnings. VoluntarySTD: Up to 60 percent of pre-disability earnings
Elimination periodEmployer-contribution STD: If disability is due to an injury or sickness, it is the lat-ter of 14 days, the date salary continuation ends or the date accumulated sickleave ends.
Maximum benefit period? Employer-contribution STD: Up to 26 weeks; Voluntary: Up to 52 weeks
What is the maximum monthly benefit? Up to $4,000 ($1,000 per week), reduced by other income benefits. Amounts abovethis will be subject to underwriting considerations.
Transamerica WorksiteMarketing800-400-3042www.transamericaworksite.com
Policy name TransDI Plus
States available All except California and Minnesota
Minimum group size 5 applications
Voluntary or employer-paid coverage Voluntary or employer-paid premiums available
Eligibility requirements There must be at least 5 issuable TransDI Plus employee applications (or the stateminimum, if greater) to establish a group.
Underwriting/coverage amountsUnderwriting Limits: Guaranteed Issue maximum amounts up to $1,500Conditional Guaranteed Issue maximum amounts up to $2,000 Simplified Issuemaximum amounts up to $5,000
Elimination period Available elimination periods: 0/7, 7/7, 0/14, 14/14, 30/30, 60/60, 90/90 and 180/180.
Maximum benefit period? Available benefit periods: 3, 6, 12 or 24 months
What is the maximum monthly benefit? Availalbe monthly benefits: $300 to $5,000
Trustmark VoluntaryBenefit Solutions800-840-4692www.trustmarksolutions.com
Policy name Trustmark Group Short Term Disability
States available All
Minimum group size 100 lives
Voluntary or employer-paid coverage Trustmark's Group Short Term Disability is a voluntary, employee-paid, payrolldeducted benefit.
Eligibility requirements Trustmark's Standard Eligibility: Active full-time employees, age 17-67, on the job90 days.
Underwriting/coverage amountsTrustmarks Group Short Term Disability offers Guarantee Issue or ModifiedGuarantee Issue. Guarantee Issue: $100 to $750 per week Modified GuaranteeIssue: $100 to $1,350 per week.
Elimination period Elimination Periods range from 0/7 to 365/365
Maximum benefit period? Maximum Benefit Period options of 13 to 104 weeks or 3, 6, 12 or 24 months.
What is the maximum monthly benefit? The maximum monthly benefit amount is $6,000.
90 Benefits Selling • July 2008 • BenefitsSellingMag.com
Short-term disability source list
This list represents those companies that chose to participate and has been edited for space.
Unum877-322-7222www.unum.com
Policy name Group Short Term Disability
States available All except Rhode Island
Minimum group size 2
Voluntary or employer-paid coverage Non-contributory, contributory and voluntary
Eligibility requirements Work at least 30 hours per week for employer who sponsors STD coverage (otherhours acceptable to 17.5 min)
Underwriting/coverage amounts Up to $2500 per week (varies by plan design and industry)
Elimination period 1-30 days
Maximum benefit period? 52 weeks
What is the maximum monthly benefit? Up to $10,000 per month (Group STD benefits paid on a weekly basis)
Unum877-322-7222www.unum.com
Policy name Individual short term disability
States available All
Minimum group size 10
Voluntary or employer-paid coverage Voluntary
Eligibility requirements Employee age 17-69; actively at work at least 20 hours per week at time of app.
Underwriting/coverage amounts Non-Occ: GI= up to 50% to max of $5,000; SI= up to 60% to max of $5,000. 24 Hour:GI= up to 40% to max of $5,000; SI= up to 60% to max of $5,000.
Elimination period Varies depending on benefit period. Separate EPs for accident and sickenss.Range from 0-180 days.
Maximum benefit period? 60 months
What is the maximum monthly benefit? 60% of gross monthly salary not to exceed $5,000
Trustmark VoluntaryBenefit Solutions800-840-4692www.trustmarksolutions.com
Policy name Trustmark Disability Income
States available All
Minimum group size 100
Voluntary or employer-paid coverage Trustmark's Disability Income is 100% voluntary.
Eligibility requirements Full-time and part-time employees, age 17 to 67, employed for at least 90 daysprior to the application date and actively at work on the effective date.
Underwriting/coverage amounts Guaranteed Issue or Modified Issue underwriting. Guaranteed Issue: $300 to$3,000/month; Modified Issue: $300 to $6,000 per month
Elimination period Elimination Periods range from 0/7 to 365/365
Maximum benefit period? Maximum Benefit Period options of 3, 6, 12 and 24 months
What is the maximum monthly benefit? The maximum monthly benefit amount is $6,000.