Group Life and AD&D Insurance
Group Life and Accidental Death and Dismemberment benefits are provided to you at no cost by M. Braun. These coverages cannot be waived.
Feature
Description
Group Term Life
Employee Life Benefit and AD&D
$25,000 $5,000 $2,000 $1,000
Spouse
Child (6 months and older) Child (less than 6 months)
Disability Insurance
Short and Long Term disability benefits are provided to you at no cost by M. Braun. These coverages cannot be waived.
Plan Details
Short Term Disability
Long Term Disability
Elimination Period Benefit Amount
1 Day for Accident 8 days for Illness 60% of Basic Weekly Earnings less other income benefits to a Maximum Weekly Benefit of $1,500
180 days
60% of Basic Monthly Earnings less other income benefits to a Maximum Monthly Benefit of $6,000
Duration of Benefits
26 Weeks
To The Normal Social Security Retirement Age
Definition of Disability
The standard definition of disability means that , due to a non-occupational illness or injury, an employee is unable to perform all material and substantial duties of his or her regular occupation, which results in at least a 20 percent loss in pre-disability earnings. The employee must also be receiving regular care from a physician for the illness or injury. Pregnancy or complications of pregnancy are covered the same as an illness The Weekly rate of earnings immediately prior to the date of Disability. Commissions/bonuses will be averaged over a 12 month period.
Disability means that, during the period of time stated in the Proposal as "Own Occupation", an employee is unable to perform all material and substantial duties of his or her regular occupation, which results in at least a 20 percent loss in pre-disability earnings. After that period of time, Disability means an employee is unable to perform the material and substantial duties of any gainful occupation, which results in at least a 40 percent loss in pre-disability earnings. The Monthly rate of earnings immediately prior to the date of Disability. Commissions/bonuses will be averaged over a 12 month period. A pre-existing condition is an illness or injury for which you received treatment or where symptoms were present within 3 months prior to your effective date of coverage. A disability that begins in the first 12 months after your effective date will not be covered if it results from a pre-existing condition
Earnings Definition
Pre Existing Condition
N/A
19
Made with FlippingBook Online newsletter maker