Results for Disability Coverage
Long-Term Disability Details
Long-Term Disability (LTD) keeps part of your paycheck coming if you are unable to work for a longer period of time than covered by Short-Term Disability (STD).
You have two options for LTD coverage. Here’s how they work:
| Long-Term Disability Insurance Option 1 | Long-Term Disability Insurance Option 2 | |
|---|---|---|
| Benefit | 60% of your pay, up to $5,000 maximum benefit per month | 60% of your pay, up to $15,000 maximum benefit per month |
| Cost for 2018 | $0.20 per $100 of salary per month | $0.31 per $100 of salary per month |
| Cost-of-Living Allowance | None | Annual adjustment of 3% for up to 5 years |
Know the Definitions of Disability
The definition of disability is more restrictive after two years for Option 1.
Option 1: During the first 24 months, you are unable to perform the material and substantial duties of your regular occupation due to your illness or injury. After 24 months, you are unable to perform the materials and substantial duties of any gainful occupation for which you are reasonably fitted by education, training and experience.
Option 2: You are unable to perform the material and substantial duties of your regular occupation due to your illness or injury.
Both options require you to be under the regular care of a doctor and to have a 20% or more loss in weekly earnings. See the Summary Plan Description (SPD) on Your Benefits™ for complete details.
Enrolling for the First Time or Changing Coverage?
If you are enrolling in Long-Term Disability (LTD) for the first time as a new hire, you don’t need to provide Evidence of Insurability before your coverage takes effect. However, if you are re-enrolling after a break in coverage or changing LTD options, Evidence of Insurability may be required and must be approved before coverage takes effect.
New LTD Participants
As a new participant, during the first 12 months of coverage, no benefits will be paid for a disability that is due to a condition for which you received treatment in the three-month period prior to the date your LTD coverage took effect.
Switching from Option 1 to Option 2
If you currently participate in LTD Option 1 and you want to change to Option 2, you will need to provide Evidence of Insurability and be approved for coverage.
Coverage If You Leave or Retire From the Company
You may continue to have Supplemental Life and Voluntary Accidental Death and Dismemberment coverage in one of two ways. Portability means that you can continue coverage under the same or a similar group policy and be billed directly by MetLife. Alternatively, you may convert Supplemental Life insurance coverage to a non-group, individual policy. Conversion means that you can elect coverage without proving that you are in good health.
