Short-term Disability (STD) Insurance replaces a portion of your income when you are recovering from a covered illness or injury — a big help for keeping up while you are unable to work. You can feel better sooner knowing that your income is protected while you’re on the mend.
The Short-Term Disability plan is an optional insurance plan offered through Lincoln Financial which is fully paid for by the employee through payroll deduction (offered as an after-tax deduction only).
The weekly benefit is 60% of your weekly salary up to a maximum of $1,500 per week. The benefit begins on the first day of an accident (or on the fifteenth day of an illness), with a maximum duration of 26 weeks. The STD plan is guaranteed issued during open enrollment, but does have a pre-existing condition clause. This means you may not be eligible for benefits if you have received treatment for a condition within 3 months prior to your effective date until you have been covered under the policy for 6 months.