Who pays for this coverage?Is Maternity Leave covered?What percent of my earnings will I receive?
Plan Options: Short-term Disability and Long-term Disability
Disability insurance can help to replace a portion of your income when you are unable to work. For many people, unplanned time away from work can make it difficult to manage household costs. If you are unable to work due to a covered injury, illness, or even childbirth, Disability Insurance can provide an ongoing benefit to help keep your finances stable. Taxbit now pays 100% of the cost for these benefits.
(800) 423-2765 | unum.com
Short-term Disability Group # 921393 | Long-term Disability Group # 921393
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Disability Insurance |
Short-term Disability
Benefits Begin:
There is a waiting period before benefits are payable. Benefits begin on the 8th day of injury or illness.
Weekly Benefit:
60% of weekly earnings, not to exceed the plan’s maximum weekly benefit amount less other income sources.
Maximum Benefit Period:
Benefits are available for up to 12 weeks.
Maximum Weekly Benefit:
$2,500
Pre-existing Condition Limits:
Pre-existing conditions include bodily injury, sickness, mental illness, pregnancy, and substance abuse. Unum reserves the right to review medical records up to 3 months prior to your effective date to evaluate pre-existing conditions upon filing a claim.
This benefit is provided through UNUM and Taxbit pays 100% of the premium.
Long-term Disability
Benefits Begin:
There is a waiting period (elimination period) before benefits are payable. Benefits begin on the 91st day of disability.
Monthly Benefit:
60% of monthly earnings, not to exceed the plan’s maximum monthly benefit amount, less other income sources.
Maximum Benefit Period:
Social Security Normal Retirement Age
Maximum Monthly Benefit:
$12,000
Pre-existing Condition Limits*:
Coverage is excluded for disabilities that occurred 3 months prior to coverage beginning throughout the first 12 months of coverage. Pre-existing conditions include bodily injury, sickness, mental illness, pregnancy, and substance abuse. Unum reserves the right to review medical records up to 3 months prior to your effective date to evaluate pre-existing conditions upon filing a claim.
This benefit is provided through UNUM, and Taxbit pays 100% of the premium.
This information is designed to help you choose a benefit plan for 2025 only. Please refer to the Plan Documents provided by the carrier for information regarding coverage, limitations and exclusions. If there is a difference between this guide and the Plan Documents, the Plan Documents prevail.
