Long-Term Disability (LTD) InsuranceProvides paycheck insurance in the event you can't work.
The LTD plan provides income protection if you become disabled and cannot work due to an illness or injury that lasts more than 90 days.
Long-Term Disability Eligibility and Coverage
|Eligibility||Percent of Earnings Replaced||Maximum|
|Management & Salaried Team Members|
|All Full-Time U.S. Salaried Team Members are provided with LTD coverage at no cost. You are automatically enrolled once you become eligible. Pre-existing conditions are not covered under the LTD plan.||60% of your weekly earnings.||Up to $7,500 per month.|
|Hourly Team Members|
|All full-time U.S. Hourly Team Members can buy Long-Term Disability (LTD) coverage. You must enroll within 31 days after you become eligible or wait until the next Open Enrollment. If you don’t enroll when first eligible, you will need to provide Evidence of Insurability (EOI) to qualify for coverage. Your coverage will not be effective until approved by Reliance Standard.||60% of your weekly earnings.||Up to $5,000 per month.|
Pre-Existing Condition Limitation
The Long-Term Disability plan includes a pre-existing condition limitation. You have a pre-existing condition if both 1 and 2 are true:
- You received medical treatment, consultation, care or services, including diagnostic measures, or took prescribed drugs or medicines, or followed treatment recommendations in the 3 months just prior to your effective date of coverage or the date an increase in benefits would otherwise be available or you had symptoms for which an ordinarily prudent person would have consulted a health care provider in the 3 months just prior to your effective date of coverage or the date an increase in benefits would otherwise be available.
- Your disability begins within 12 months of the date your coverage under the plan becomes effective.