Disability Insurance Coverage
The goal of J&L Ventures Disability Insurance Plan is to provide you with income replacement should you be unable to work due to a non-work-related illness or injury. The company provides employees with the option to purchase voluntary “Short and Long-Term Disability” income benefits.
Both the Short-Term and Long-Term disability coverages are offered through Sun Life.
Insurance Carrier:
Short-Term Disability Insurance
Plan Type:
Voluntary
Eligibility Requirement
All Full Time Employees
Benefit Percentage
60%
Waiting Period - Accident Waiting Period - Sickness Maximum Weekly Benefit Pre-Existing Condition
14 Days 14 Days $1,875 3 / 12
Benefit Duration
24 Weeks
Insurance Carrier:
Long-Term Disability Insurance
Plan Type:
Voluntary
Eligibility Requirement
All Full Time Employees
Waiting Period
180 Days
Benefit Percentage
60%
Maximum Monthly Benefit
$5,000* SSNRA 2 Years 3 / 12
Benefit Duration
Own Occupation Definition
Pre-Existing Condition
*Maximum Monthly Benefit varies by classification.
14 J & L VENTURES, LLC 2023 BENEFITS GUIDE
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