SHORT AND LONG TERM DISABILITY INSURANCE
SHORT TERM DISABILITY Homes by West Bay provides short term disability insurance to all active full time employees. The chart below provides an overview of the plan.
Short Term Disability
Principal
Benefit Percentage
60%
Maximum Weekly Benefit
$1,500
8 th day Accident 8 th day Sickness
Elimination Period
Duration of Benefit
12 weeks
LONG TERM DISABILITY Homes by West Bay provides long term disability insurance to all active full time employees. The chart below provides an overview of the plan.
Long Term Disability
Principal
Benefit % of Monthly Covered Payroll
60%
Monthly Maximum
$9,000
Elimination Period
90 days
Own Occupation Period
End of Benefit Duration
Residual Disability
Zero day
Benefit Duration
Reducing Benefit Duration(to age 65)
Pre-Existing Conditions
3/12
Mental Illness Limitation
24 months
Substance Abuse Limitation
24 months
Work Incentive Benefit
Included
10
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