Page 18 - Venafi - 2021 Benefit Guide - CA
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disability insurance options
Short-term Disability (STD) Insurance
Benefits Begin: There is a waiting period before benefits are
payable. Benefits begin on the 15th 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 11 weeks.
Maximum Weekly Benefit: $1,500
This benefit is provided through LifeMap.
Long-term Disability (LTD) Insurance
Disability insurance can help to Benefits Begin: There is a waiting period before benefits are
replace a portion of your income payable. Benefits begin on the 91st day of disability.
Monthly Benefit: 60% of monthly earnings, not to exceed the plan’s
when you are unable to work. maximum monthly benefit amount, less other income sources.
For many people, unplanned time away from work can Maximum Benefit Period: Social Security Normal Retirement Age
make it difficult to manage household costs. If you are Maximum Monthly Benefit: $8,000
unable to work due to a covered injury, illness, or even Pre-existing Conditions: Disabilities that begin within the first 12
childbirth, Disability Insurance can provide an ongoing months after your effective date will not be covered if you have
benefit to help keep your finances stable. received treatment for the disability within the 3 months prior to
your effective date.
Disability coverage is provided to you at no cost; Venafi
This benefit is provided through LifeMap.
pays 100% of the premiums for this coverage.
This information is designed to help you choose a benefit plan for 2021 only. Please refer to the Plan Documents provided by the carrier for information regarding coverage, limitations and exclusions. 15 15
If there is a difference between this guide and the Plan Documents, the Plan Documents prevail.
