Disability
Disability insurance provides financial protection if you’re unable to work due to illness or injury. It replaces a portion of your income, helping you manage everyday expenses and maintain stability while you recover. Short Term Disability (STD) typically covers temporary conditions, while Long Term Disability (LTD) offers extended support for more serious or long-lasting health issues. This coverage offers peace of mind, ensuring you’ll still receive a steady income if the unexpected happens.
Voluntary Short Term Disability (STD)
- Provided by Aflac.
- Voluntary Short Term Disability is sold on an individual basis, you can choose the plan that’s right for you based on your financial needs and income.
- Aflac pays a cash benefit for each day that you are disabled.
Employer-Paid Long Term Disability (LTD)
- You are eligible for and automatically enrolled in Basic LTD benefits through New York Life.
- Disability benefits begin after 180 days of disability.
- Replaces up to 66.67% of your eligible income, up to a maximum of $9,500 per month until you recover or reach your Social Security Normal Retirement Age, whichever is sooner.