We’ve Got You Covered As a benefit eligible employee of CPIhealth, you have access to a disability income insurance policy from Guardian. A disability income insurance policy can help provide security when you need it, plus give you peace of mind so you can recover faster and get back on the job sooner. Coverage guidelines and benefits are outlined below.
Disability Insurance
Understanding your disability benefit options is crucial, as they safeguard your income and ensure your financial stability in the long run.
Short-Term Disability Insurance This benefit is 100% paid by C PIhealth . Disability insurance covers a part of your income, so you can pay your bills if you’re injured or sick and can’t work. Disability is more common that you might realize, and people can be unable to work for all sorts of different reasons. In fact, many disabilities are caused by illness, including common conditions like heart disease and arthritis. However, most disabilities aren't covered by workers' compensation.
ELEGIBILITY – ALL ELIGIBLE EMPLOYEES
You must be actively working a minimum of 30 hours per week to be eligible for coverage.
Eligibility Requirement
Premium Payment
There isno costtoyoufor thisinsurance.
BENEFITS
If you become disabled, there is an elimination period before benefits arepayable. Yourbenefits begin: ·Onthe 8th day of your disabling injury. ·Onthe 8th day of your disabling illness. Yourbenefitisequivalentto60%ofyourbefore-tax weekly earnings, nottoexceed theplan’smaximum weekly benefitamount lessother income sources.
Elimination Period
Weekly Benefit
Up to 12 weeks
Maximum Benefit Period Maximum Weekly Benefit Minimum Weekly Benefit
$1,000 None
If you become disabled and can work part-time (but not full-time), you may be eligible for partial disability benefits, which will help supplement your income untilyou are abletoreturn towork full-time.
Partial Disability Benefits
15
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