Administered by Standard Insurance Co., 1-800-759-8702, www.standard.com/mybenefits/mus


LTD coverage can help protect your income in the event you become disabled and unable to work. Choices includes three LTD coverage options designed to supplement other sources of disability income that may be available to you:

Long Term Disability Coverage Options
Option 1 60% of pay/180 days waiting period
Option 2 66 2/3 of pay/180 days waiting period
Option 3 66 2/3 of pay/120 days waiting period


The three LTD options differ in terms of the amount of your pay they replace; when benefits become payable; and premium costs. Employees may increase one coverage level during annual enrollment. However, the increase in coverage will be subject to a pre-existing condition exclusion for disabilities occurring during the first 12 months that the increase in insurance is effective. Any coverage existing for at least 12 months prior to the increase will not be subject to the pre-existing condition exclusion.

Employees on a leave status may not be eligible for long term disability coverage. Please consult with your Human Resources Department.

 

Amount of Benefit:

Option 1: 60% of pre-disability earnings, to a maximum benefit of $9,200 per month. The minimum monthly benefit is the greater of $100 or 10% of your LTD benefit before reduction by deductible income.

Option 2: 66-2/3% of pre-disability earnings, to a maximum benefit of $9,200 per month. The minimum monthly benefit is $100 or 10% of your LTD benefit before reduction by deductible income.

Option 3: 66-2/3% of pre-disability earnings, to a maximum benefit of $9,200 per month. The minimum monthly benefit is $100 or 10% of your LTD benefit before reduction by deductible income.

 

Who is Eligible:

Employees only (may increase one level of coverage during annual enrollment, if you are eligible and in an active work status).

Do you have Other Disability Income

The level of LTD coverage you select ensures that you will continue to receive a percentage of your base pay each month if you become totally disabled.

Some of the money you receive may come from other sources, such as Social Security, Workers’ Compensation, or other group disability benefits. Your Choices LTD benefit will be offset by any amounts you receive from these sources. The total combined income will equal the benefit level you selected.

This is a brief summary provided to help you understand your coverage. Please review the group insurance certificate containing a detailed description of the insurance coverage including the definitions, exclusions, limitations, reductions and terminating events.This information can be found at: www.standard.com/mybenefits/mus