Disability Coverage
The goal of Neel, Robinson & Stafford’s 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 -Term Disability income benefits and Long-Term Disability coverage is provided by Neel, Robinson & Stafford at no cost to employees.
Insurance Carrier:
Principal Short-Term Disability
Plan Type:
Voluntary
Benefit Percentage
60% of Weekly Earnings
Maximum Weekly Benefit Guaranteed Issue Amount Accident Elimination Period Sickness Elimination Period
$1,000 $1,000 14 days 14 days
Benefit Duration
11 weeks
Pre-existing Condition Limitation
3 month pre-existing / 12 month waiting period
Insurance Carrier:
Principal Long-Term Disability
Plan Type:
Employer Paid
Employee Classification
All Full Time Employees
Benefit Percentage
60%
Maximum Monthly Benefit
$10,000
Guaranteed Issue Amount
$5,000
Elimination Period
90 days 2 years SSNRA Included
Own Occupation Coverage
Benefit Duration
Partial Disability Benefit
Mental & Nervous Limitation Drug & Alcohol Limitation Pre-Existing Condition Limitation
24 Months 24 Months
3 month pre-existing / 12 month waiting period
8 NEEL, ROBINSON & STAFFORD 2024 BENEFITS GUIDE
Made with FlippingBook - professional solution for displaying marketing and sales documents online