SHORT AND LONG TERM DISABILITY INSURANCE
SHORT TERM DISABILITY The Company provides short term disability insurance to all active full time employees, at no cost to you! The chart below provides an overview of the plan.
Short Term Disability
Mutual Of Omaha
Benefit Percentage
66 ⅔ %
Maximum Weekly Benefit
$500
30 th day Accident 30 th day Sickness
Elimination Period
Duration of Benefit
22 weeks
VOLUNTARY LONG TERM DISABILITY The Company provides all active employees working 30 or more hours per week the option to purchase voluntary long term disability coverage through a group plan. The chart below provides an overview of the plan.
Long Term Disability
Mutual Of Omaha
Benefit % of Monthly Covered Payroll
60%
Monthly Maximum
$5,000
Elimination Period
180 days
Benefit Duration
Normal Social Security Retirement Age (to age 65)
VOLUNTARY LONG-TERM DISABILITY Rates per $100 of benefit
<25
$0.879
PREMIUM CALCULATION
25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69
$0.08 $0.10 $0.16 $0.29 $0.44 $0.61 $0.71 $0.75 $0.79 $0.79
Monthly Pay
$__________ / 100.00 = $________
Rate per $100.00 (See Chart)
x _________
X 12______ / 26 _______
Bi-Weekly Premium
$____________
70+
10
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