ID# - 10253226; PIN# - SSN (no spaces or dashes)
All Intact employees who work 20 hours or greater are covered by short and long term disability insurance. Lincoln Financial Group administers both of these plans. If you are going to need to be out of the office for more than seven calendar days due to an injury or illness please contact benefits@intactinsurance.com for the required paperwork.
For a disability lasting longer than six months, all employees regularly scheduled to work at least 20 hours per week are covered under the Basic Long-Term Disability (LTD) program, which provides for income replacement of 60% of pay. The cost of this Basic LTD plan is shared by you and Intact. You also have the opportunity to elect Supplemental LTD coverage, which increases your income replacement to 70%. You bear the full cost of this additional benefit.
You may elect coverage within 30 days of your date of hire or at open enrollment if you are not currently enrolled in Supplemental LTD. Evidence of insurability (EOI) is not required to purchase supplemental LTD coverage. When calculating disability benefits for employees who participate in the Short Term Incentive Program (STIP), their target STIP will be included in the definition of disability pay (in addition to base salary).
Long Term Disability benefits begin at the end of the covered employee's Short Term Disability (STD), or, the 180th day. Depending on when the disability begins, benefits may last as long as you are considered total disabled or until you reach age 65.
Please note: Part-time employees regularly scheduled to work less than 20 hours per week, leased employees, and individuals classified by the Company as temporary or independent contractors are not eligible to participate in the Long Term Disability Benefits.
Basic LTD: the Basic LTD Plan will pay a monthly benefit equal to 60% of pay.
Supplemental LTD: the Supplemental LTD Plan, if elected, will pay a monthly benefit equal to 10% of pay, which when combined with Basic LTD, creates a 70% LTD benefit. The employee pays the full cost of Supplemental LTD.
Contributions for Disability: All paycheck contributions for disability coverage (both Basic and Supplemental LTD) are made on an after tax basis. Therefore, if you become disabled, the portion of your disability benefit that was paid by you with after-tax dollars, is not taxable to you when paid.
If the employee receives income replacement payments from other sources, their LTD Plan benefit will be reduced by the amount of these benefit payments.
After 180 days on disability, medical and dental coverage will be continued under the Consolidated Omnibus Reconciliation Act (COBRA) for up to 18 months, or 29 months if disabled as defined by Social Security. During the COBRA continuation period coverage is available by paying the active employee premium rate (subject to change). You will be billed directly to pay for those premiums.
If you become totally disabled prior to age 60, your Supplemental Life Insurance may be able to be continued under the Premium Waiver provision. Please note that you need to complete an application in order to be considered for the waiver of premium.
Additional information regarding the Lincoln Financial long-term disability program can be found in the Certificate of Coverage.
The Lincoln Long-term Disability Insurance Plan Benefits At-A-Glance
Intact Insurance Specialty Solutions is the marketing brand for the insurance company subsidiaries of Intact Insurance Group USA LLC. Coverages may be underwritten by one of the following insurance companies: Atlantic Specialty Insurance Company, a New York insurer; Homeland Insurance Company of New York, a New York insurer; Homeland Insurance Company of Delaware, a Delaware insurer; OBI America Insurance Company, a Pennsylvania insurer; OBI National Insurance Company, a Pennsylvania insurer; or The Guarantee Company of North America USA, a Michigan insurer. Each of these insurers maintains its principal place of business at 605 Highway 169 N, Plymouth, MN 55441, except The Guarantee Company of North America USA, which is located at One Towne Square, Southfield, MI 48076. This material is intended as a general description of certain types of insurance coverages and services. Coverages and availability vary by state; exclusions and deductibles may apply. Please refer to your insurance policy or consult with your independent insurance advisor for information about coverages, terms and conditions. Some coverage may be written by a surplus lines insurer through a licensed surplus lines broker. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.