Disability Insurance Coverage
The goal of J&L Ventures 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 and Long Term Disability” income benefits.
Both the short term and long term disability coverages are offered
through Sun Life.
Insurance Carrier:
Short-Term Disability Insurance
Plan Type:
Voluntary
Eligibility Requirement
All Full Time Employees
Benefit Percentage
60%
Waiting Period - Accident Waiting Period - Sickness Maximum Weekly Benefit Pre-Existing Condition
14 Days 14 Days $1,875 3 / 12
Benefit Duration
24 Weeks
Insurance Carrier:
Long-Term Disability Insurance
Plan Type:
Voluntary
Eligibility Requirement
All Full Time Employees
Waiting Period
180 Days
Benefit Percentage
60%
Maximum Monthly Benefit
$5,000* SSNRA 2 Years 3 / 12
Benefit Duration
Own Occupation Definition
Pre-Existing Condition
*Maximum Monthly Benefit varies by classification.
14 J & L VENTURES, LLC 2022 BENEFIT GUIDE
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