New Disability Income Plus Coverage Available in Virginia
Disability Income Plus provides a monthly disability income benefit as a result of a non-occupational "off-the-job" accident or sickness. If an employee becomes totally disabled by an accident or illness, Disability Income Plus helps pay the bills when an employee can't work. Bills may include housing costs, food, car payments, and additional medical costs. This gives employees the opportunity to focus on a full recovery and successful return to the workplace.
Plan Highlights:
- Minimum benefit of $300 and maximum of $5,000 a month; higher amounts need underwriting approval
- Benefit period; three months, six months, one year, two years or three years
- Premium is waived if the employee is totally disabled for more than 90 days or the elimination period, whichever is longer
- Coverage is portable
Note: The Disability Income Protector (8000) product will no longer be available for new sales after May 31, 2011.