Voluntary Aflac Products
The Village of Pinehurst offers additional voluntary benefits through Aflac. Employees can choose from a variety of benefits through Aflac and enjoy the benefits being available on a group platform. This allows the rates to be less expensive than if they were purchased on an individual basis.
Voluntary Short-Term Disability
STD provides for payment of monthly disability benefit when a covered employee is disabled and unable to work due to an injury or sickness.
Carrier Name
Aflac
Benefit
60%
Maximum Monthly Benefit Waiting Period – Accident Waiting Period – Sickness
$6,000 0 Days 7 Days
Duration of Benefits Pre-Existing Condition
3 Months
12/12
Portability
Included
Waiver of Premium
Not Included
Voluntary Group Term Life ‘Term to 120 ’
This is a permanent life product to age 120. Your rates are locked in when you enroll and will not increase, and benefit will not decrease.
Carrier Name
Aflac
Employee Guaranteed Issue Amount
Up to $50,000
The lessor of $25,000 or 50% of employee benefit
Spouse Guaranteed Issue Amount
Child Guaranteed Issue Amount (coverage ends at age 26)
$25,000
Included; following 3 months of total disability. Premiums waived for 24 months Included; includes long term care benefit of 50% of coverage
Waiver of Premium
Accelerated Benefit Rider
Accident
Helps cover out-of-pocket expenses in the event of a covered accident. It can pay a set benefit amount based on the type of injury you have and the type of treatment you need.
Critical Illness
Hospital Indemnity Helps cover the costs when you have a hospital stay related to a covered accident or illness. These funds can help with out-of-pocket medical expenses, and pairs well with the HDHP plan. Or you can use the funds to help with living expenses that accompany an extended hospital stay.
Helps with the high cost of critical illness diagnosis and treatment. The plan provides a lump-sum benefit to help with out-of-pocket medical expenses and the living expenses that can accompany a covered critical illness .
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