F inancial protection that’s w ith you all the way.
B asic Disability insurance from N ew York Life Group Benefit Solutions.
A disability doesn’t always mean a serious handicap. It can be any illness or injury that prevents you from earning your salary. C onsider what would happen if you couldn’t work or pay your bills. How might this affect your savings and your lifestyle? D isability insurance from New York Life Group Benefit Solutions (NYL GBS), can help provide the financial protection and a ssurance you’ll need if you experience a covered illness or injury that keeps you out of work.
W hy is disability insurance important? D isability insurance can pay you benefits if you suffer a covered disability. Think of it as insurance for a portion of your paycheck. P ayments may come directly to you or someone you designate and can help pay for things like:
M edical bills
G roceries
T he mortgage
Utilities
W ho’s eligible for disability insurance? A ll active, full-time Employees of the Employer regularly working a minimum hours as defined by the Employer. Coverage is a vailable for Long-term disability (LTD).
L ong-term d isability
Maximum m onthly benefit
R equired minimum days o f continuous disability
M onthly benefit
M aximum benefit period
T he later of your Social Security N ormal Retirement Age or the m aximum benefit period p rovided in your Summary of B enefits.
60% of your monthly c overed earnings
Plan 1
$ 10,000
180 days
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