Metlife- Voluntary Long Term Disability- Group or Direct Billed
- 60% Wage Replacement after 180 Day Waiting Period
- If you make under $100K elect option 1
|
Option 1 |
Option 2 |
|
|
Benefit Amount |
60% |
|
|
Max Monthly Benefit |
$5,000.00 |
$10,000.00 |
|
Income Threshold |
$100,000.00 |
$200,000.00 |
|
Elimination Period- Accident or Sickness |
180 Days |
|
|
Benefit Duration |
Social Security National Retirement Age |
|
|
Rate Per $100 Covered Payroll |
||
|
Less than 30 |
0.088 |
0.101 |
|
30-34 |
0.088 |
0.101 |
|
35-39 |
0.232 |
0.265 |
|
40-44 |
0.367 |
0.418 |
|
45-49 |
0.539 |
0.614 |
|
50-54 |
0.752 |
0.857 |
|
55-59 |
0.090 |
1.021 |
|
60-64 |
0.698 |
0.795 |
|
65+ |
0.316 |
0.360 |
|
45 Year Old $50K/$150K Example- Monthly |
Cost $22.46 |
$25.58 |
Metlife- Voluntary Short Term Disability Group or Direct Billed
- 60% Wage Replacement after 7 or 14 Days Elimination Period
- 3 Month/12 Month Pre- Existing Conditions- Any Claims within the first 12 months of coverage will have a 3 month prior to coverage look
|
Option 1 |
Option 2 |
|
|
Benefit Amount |
60% |
|
|
Max Weekly Benefit |
$2,308.00 |
|
|
Elimination Period- Accident or Sickness |
14 days |
7 days |
|
Benefit Duratio |
26 Weeks |
|
|
Rate Per $10 Covered Benefit |
||
|
Less than 30 |
0.499 |
0.585 |
|
30-34 |
0.525 |
0.616 |
|
35-39 |
0.476 |
0.558 |
|
40-44 |
0.513 |
0.602 |
|
45-49 |
0.626 |
0.734 |
|
50-54 |
0.776 |
0.910 |
|
55-59 |
0.951 |
1.116 |
|
60-64 |
1.126 |
1.321 |
|
65+ |
1.351 |
1.586 |
|
45 Year Old - $50K Example - Monthly Cost |
$36.12 |
$ 42.35 |
