Disability and Life Insurance Plans
Short Term Disability |
|
| Salary Replacement | 60% Salary Replacement, $1,400 Maximum Weekly Benefit Must Exhaust Sick Leave |
|
Waiting Period |
14 Days for Injury 28 Days for Illness (including Pregnancy) |
|
Employee Cost |
Varies by Age and Salary 100% Employee Funded |
| Vendor | Dearborn National |
Long Term Disability |
|
| University Provided | 60% Salary Replacement, $5,000 Monthly Benefit Maximum Benefit Pays after 6 month waiting period from last day worked. Must Exhaust Sick Leave |
| Supplemental Option | 70% Salary Replacement, $6,000 Monthly Benefit Maximum Benefit pays after 6 month waiting period from last day worked Must Exhaust Sick Leave |
| Employee Cost | 60% Option: $0, 100% University Funded 70% Option: Varies. Employee pays difference between 60% and 70% option Costs Varies by Salary |
| Vendor | UnitedHealthCare |
Life Insurance |
|
| University Provided | Two Times Your Annual Salary Maximum $100,000 |
| Supplemental Options | Employees may purchase 1 to 5 times their annual salary up to $500,000 without an “evidence of insurability” medical exam. Employees may purchase 1 to 5 times their annual salary up to $1,000,000 with a successful “evidence of insurability” medical exam. Costs Varies by Age and Salary. |
| Accelerated Benefit | Available if diagnosed as terminally ill (12 months or less life expectancy). Contact The Hartford for details. |
| Vendor | The Hartford |
Accidental Death and Dismemberment Insurance |
|
| University Provided |
Two Times Your Annual Salary |
| Vendor | The Hartford |