Group Short Term Disability

GROUP SHORT TERM DISABILITY

Please Note: If it is outside of the open enrollment period you must enroll in the insurance within 30 days of associate activation for guaranteed issue of the group insurance policy.

Short-term disability insurance is a plan designed to help with the financial stressors that can arise when an injury negatively impacts your ability to work temporarily. This program is an excellent benefit for support staff.

ELIGIBILITY

All BenefitLink associates and their staff who work 30 or more hours per week can participate. The benefit level qualification is based on 60% of your gross income.

PLAN FEATURES:

• Group policy provided through Lincoln Financial Group (A+ RATED)
• Choice of $250, $500, or $1,000.00 weekly benefit
• Benefits limited to 60% of pre-disability earnings with a three-class benefit level
• Guaranteed issue – during the limited open enrollment period
• Inclusion of all income generated
• Open to independent professionals and their staff
• Staff option with equal benefits to the primary associate
• Special fixed group rates starting at under $25.00 per month for a $250.00 weekly benefit.
• Enhances benefits and protects office support at low cost
• Benefits include pregnancy
• 3/6 preexisting condition exclusion applies
• All Securities and Non-Securities Commissions Included
• All associates will need to review their current coverage and update their income annually by filling out the update form on the ASP website.
• Prior to choosing an income level you must have the qualifying income to secure the benefit amount. The $250 weekly benefit you need a minimum of $410 weekly; $500 needs $733 weekly; and $1000 needs a minimum of $1667 weekly. 

MONTHLY PREMIUM BASED ON BENEFIT LEVEL

Weekly Benefit                 Monthly Premium

$250 weekly benefit                       $25.00 per month

$500 weekly benefit                       $38.75 per month

$1000 weekly benefit                    $66.25 per month

REVIEW COPY OF THE POLICY HERE