SHORT AND LONG TERM DISABILITY INSURANCE
JL Marine provides short term disability insurance to all active full time employees, at no cost to the employee. The chart below provides an overview of the plan.
SHORT TERM DISABILITY
Benefit Percentage
60%
Maximum Weekly Benefit
$1,500
8th day Accident 8th day Sickness
Elimination Period
Duration of Benefit
12 weeks
JL Marine provides long term disability insurance to all active full time employees, at no cost to the employee. The chart below provides an overview of the plan.
LONG TERM DISABILITY
Benefit % of Monthly Covered Payroll
60%
Monthly Maximum
$9,000
Elimination Period
90 days
Benefit Duration
SSNRA
14
Made with FlippingBook Annual report