If you have an illness or injury that keeps you from working for a long period of time, you may be able to protect your finances with the help of Long Term Disability (LTD) benefits. LTD benefits provide income replacement when you are unable to work because of an illness or injury. In other words, you still receive a portion of your paycheck, even when you can’t work.
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Monthly Benefit
Pays a portion of your income if you are unable to work for an extended period of time due to illness, covered injury or pregnancy.
60% of your monthly pay, up to $6,000/month
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Elimination Period
Waiting period for benefit begins
Benefits begin after 180 days
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Benefit Period
How long the benefits are paid?
Benefits may be paid if you are unable to work, up to age 65
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Who pays for coverage?
Your employer
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Click To Download Plan Documents:
Long Term Disability Plan
Provider: New York Life
Phone: 800-225-5695
Website: https://www.newyorklife.com