Income Protection
You and your loved ones depend on your regular income. That's why Lhoist North America offers disability coverage to protect you financially in the event you cannot work as a result of a debilitating injury. A portion of your income is protected until you can return to work or you reach retirement age.
Income Protection
Short-Term Disability Insurance
Carrier
- Detail
- Reliance Matrix
Who Pays
- Detail
- Lhoist North America — no cost to you
Coverage
- Detail
- Replaces a portion of your income if you become partially or totally disabled for a short period of time
STD Notes
- Short-Term Disability benefits are available to you at no cost.
- STD benefits replace a portion of your income if you become partially or totally disabled for a short period of time.
- Certain exclusions, along with pre-existing condition limitations, may apply.
Voluntary Long-Term Disability Insurance
Carrier
- Detail
- Reliance Matrix
Who Pays
- Detail
- Employee (voluntary)
Income Replacement
- Detail
- 60% of monthly income
Maximum Benefit
- Detail
- $7,500 per month
Elimination Period
- Detail
- 180 days
Maximum Benefit Period
- Detail
- Payments will last for as long as you are disabled or until you reach your Social Security Normal Retirement Age, whichever is sooner.
Rates
- Detail
- Based on your age
LTD Notes
- Voluntary LTD protects a portion of your income if you become partially or totally disabled for an extended period of time.
- If approved, the insurance replaces 60% of your monthly income.
- Your benefit may be reduced by deductible sources of income and disability earnings as defined in the policy.
- You must complete the 180-day elimination period before becoming eligible for Voluntary LTD benefits.
Voluntary Long-Term Disability Rates
18-29
- RATE
- $0.23
30-34
- RATE
- $0.33
35-39
- RATE
- $0.50
40-44
- RATE
- $0.88
45-49
- RATE
- $1.40
50-54
- RATE
- $2.25
55-59
- RATE
- $2.85
60-64
- RATE
- $2.41
65-69
- RATE
- $1.44
70+
- RATE
- $1.26