Yates LLC - 2024 Benefits Guide - Class 2

DISABILITY INSURANCE

The goal of Yates LLC’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 Short-Term Disability income benefits at no cost to employees. Long-Term Disability is voluntary. Both the Short-Term and Long-Term Disability coverages are offered through MetLife.

MetLife Short-Term Disability Insurance

Plan Type:

Employer Paid

Eligibility Requirement

Class 2 - Managers and Account Managers

Benefit Percentage

60%

Waiting Period - Accident Waiting Period - Sickness Maximum Weekly Benefit Pre-Existing Condition

7 Days 7 Days $2,000 3 / 12

Benefit Duration

12 Weeks

MetLife Long-Term Disability Insurance

Plan Type:

Voluntary

Eligibility Requirement

Class 2 - Managers and Account Managers

Waiting Period

90 Days

Benefit Percentage

60%

Maximum Monthly Benefit

$10,000 SSNRA 5 Years 3 / 12

Benefit Duration

Own Occupation Definition

Pre-Existing Condition

*Maximum Monthly Benefit varies by classification.

12 | Yates LLC 2024 Benefits Guide

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