 |
|
|
|
 |
|
|
|
|
|
|
|
|
|
|
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
||||
 |
 |
 |
|
||||||||||||
 |
 |
 |
|
||||||||||||
 |
 |
 |
 |
|
|||||||||||
is More!
AGENTS & BROKERS
Click Here
THIS MONTH'S
SAFETY TIP
Watch for
Spring Rains!
Click Here
• To reduce your insurance cost;
• To reduce gaps in coverage;
Our professional staff analyzes your insurance requirements first from the viewpoint of RISK MANAGEMENT.
Click Here
|
Disability Insurance High quality Disability Insurance products covering total or partial disability of professionals, business executives, small business owners and others. Disability Insurance protects your most valuable asset, your ability to earn an income. A long-term disability could suspend or terminate your income for an extended period of time. It may force you to close your business. Tri-Town offers a breadth of Disability Insurance products to provide a source of income in the event of a disability. Individual Disability Insurance Purchased by an individual to protect his or her ability to earn an income. Disability Income Disability Income insurance replaces a portion of earned income lost due to a total or partial disability. Interim Term Interim Term Disability Insurance provides temporary coverage until an employee qualifies for employer-sponsored disability coverage. Disability Overhead Expense Disability Overhead Expense reimburses a business owner for covered overhead expenses of his or her business that continue during a period of partial or total disability. Key-Person Disability Key-Person Disability coverage provides a benefit to the business in the event the key employee is disabled. Disability Buy-Out Coverage Disability Buy-Out Coverage helps fund a disability buy-out agreement with installment or lump-sum payments. Group Disability Insurance Purchased by an employer to protect employees against the loss of income due to a disability. Small Group Long Term Disability Small Group Long Term Disability Insurance provides monthly benefits for disabilities lasting longer than 13 or 26 weeks and is available to employers with three to nine employees. Small Group Short Term Disability Small Group Short Term Disability Insurance provides weekly benefits for disabilities up to 26 weeks and is available to employers with three to nine employees. Large Group Long Term Disability Large Group Long Term Disability Insurance provides monthly benefits for disabilities lasting longer than 13 or 26 weeks and is available to employers with ten or more employees. Large Group Short Term Disability Large Group Short Term Disability Insurance provides weekly benefits for disabilities up to 26 weeks and is available to employers with ten or more employees. Small Group Short Term Disability Small Group Short Term Disability Insurance replaces a percentage of your employees' pre-disability earnings up to a maximum benefit on a weekly basis. It provides weekly benefits for disabilities lasting up to 26 weeks and is available to you if you have three to nine employees. Maximum Benefit Up to 60% of pre-disability earnings can be paid as the benefit, with a maximum of $500 weekly for groups of three to four lives and $1,000 weekly for groups with five to nine lives. You may also choose from two maximum benefit time periods, either 13 or 26 weeks. Rate Guarantee Period The rate you pay to insure your employees is guaranteed to remain the same for one year. Changes in the premium could occur, however, if an employee enters a new five-year age band, or experiences an increase or decrease in predisability earnings. This can happen even during the one-year guarantee. Beginning Date The beginning date indicates the length of time an insured must be disabled before benefits begin to accrue. For a Small Group Short Term Disability policy, the number of days employees wait before the beginning date of their benefits accrual includes the days they are disabled or partially disabled. Our Claims Management Philosophy We don't just approve and deny claims. We appoint benefits analysts who will pick up the phone and call the insured and develop a working relationship. Our analysts are fully capable of evaluating and properly adjusting all disability claims. Our claims procedures are sound and efficient. We go above and beyond to track your claim experience and work with you to implement loss control techniques. We have well established and effective programs in place to help claimants receive Social Security disability benefits. And most importantly, we provide in-house and outside vendor vocational assistance to help claimants return to work. Pre-Existing Condition Limitation Employees will not be covered for a disability caused by a pre-existing condition. A pre-existing condition is a mental or physical condition for which an employee has consulted a physician or practitioner, received medical treatment or services, or taken prescribed drugs or medications at any time during the pre-existing condition period. Small Group Long Term Disability Small Group Long Term Disability Insurance replaces a percentage of your employees' predisability earnings up to a maximum benefit on a monthly basis. It provides benefits up to age 65 with Standard ADEA Grading and is available to you if you have three to nine employees. Maximum Benefit Maximum monthly benefits range from $2,500 for groups with three or four lives to $6,000 for groups with five to nine employees. Benefit percentages are 50%, 60% or 66-2/3% of predisability earnings, depending upon your industry. Rate Guarantee Period The rate you pay to insure your employees is guaranteed to remain the same for one year. Changes in the premium could occur, however, if an employee enters a new five-year age band, or experiences an increase or decrease in predisability earnings. This can happen even during the one-year guarantee. Partial Disability Benefit Disability benefits are available through a Small Group Long Term Disability policy for employees with a partial disability. No total disability is ever required for benefit. Beginning Date The beginning date indicates the length of time an insured must be disabled before benefits begin to accrue. For a Small Group Long Term Disability policy, there are two to choose from: 91 and 181 days. The number of days your employees wait before the beginning date of their benefits accrual includes the days they are disabled or partially disabled. Conversion of Insurance This important feature allows all eligible employees to extend disability coverage if for specific reasons their coverage terminates. Employees must be insured under your plan for at least one year on the date insurance ends to be eligible. Our Claims Management Philosophy We don't just approve and deny claims. We appoint benefits analysts who will pick up the phone and call the insured and develop a working relationship. Our analysts are fully capable of evaluating and properly adjusting all disability claims. Our claims procedures are sound and efficient. We go above and beyond to track your claim experience and work with you to implement loss control techniques. We have well established and effective programs in place to help claimants receive Social Security disability benefits. And most importantly, we provide in-house and outside vendor vocational assistance to help claimants return to work. Pre-Existing Condition Exclusion Employees will not be covered for a disability caused by a pre-existing condition. A pre-existing condition is a mental or physical condition for which an employee has consulted a physician or practitioner, received medical treatment or services, or taken prescribed drugs or medications at any time during the pre-existing condition period. Small Group Long Term Disability Small Group Long Term Disability Insurance replaces a percentage of your employees' predisability earnings up to a maximum benefit on a monthly basis. It provides benefits up to age 65 with Standard ADEA Grading and is available to you if you have three to nine employees. Maximum Benefit Maximum monthly benefits range from $2,500 for groups with three or four lives to $6,000 for groups with five to nine employees. Benefit percentages are 50%, 60% or 66-2/3% of predisability earnings, depending upon your industry. Rate Guarantee Period The rate you pay to insure your employees is guaranteed to remain the same for one year. Changes in the premium could occur, however, if an employee enters a new five-year age band, or experiences an increase or decrease in predisability earnings. This can happen even during the one-year guarantee. Partial Disability Benefit Disability benefits are available through a Small Group Long Term Disability policy for employees with a partial disability. No total disability is ever required for benefit. Beginning Date The beginning date indicates the length of time an insured must be disabled before benefits begin to accrue. For a Small Group Long Term Disability policy, there are two to choose from: 91 and 181 days. The number of days your employees wait before the beginning date of their benefits accrual includes the days they are disabled or partially disabled. Conversion of Insurance This important feature allows all eligible employees to extend disability coverage if for specific reasons their coverage terminates. Employees must be insured under your plan for at least one year on the date insurance ends to be eligible. Our Claims Management Philosophy We don't just approve and deny claims. We appoint benefits analysts who will pick up the phone and call the insured and develop a working relationship. Our analysts are fully capable of evaluating and properly adjusting all disability claims. Our claims procedures are sound and efficient. We go above and beyond to track your claim experience and work with you to implement loss control techniques. We have well established and effective programs in place to help claimants receive Social Security disability benefits. And most importantly, we provide in-house and outside vendor vocational assistance to help claimants return to work. Pre-Existing Condition Exclusion Employees will not be covered for a disability caused by a pre-existing condition. A pre-existing condition is a mental or physical condition for which an employee has consulted a physician or practitioner, received medical treatment or services, or taken prescribed drugs or medications at any time during the pre-existing condition period.
|