Hartford Long-Term Disability (monthly paid employees)
- The Hartford Insurance Company
Please contact Employee Benefits with any questions.
Enrollment/Change Periods
If you did not elect coverage as a new employee, you may apply for coverage during the Annual Enrollment Transfer Period. You will be subject to approval from the company based on evidence of insurability (health questionnaire) and may only join at Option I. You may increase (to the next highest level) or decrease your coverage level during the Annual Enrollment Transfer Period or within 60 days of a change in family status*. You will not have to submit Evidence of Insurability, but any increased amount will be subject to a new Pre-existing Condition limitation.
*A change in family status means:
- a change in your marital status
- birth or adoption of a new dependent
- death of your spouse or dependent
- your spouse's commencement or termination of employment
You may cancel the coverage at any time. However, to re-enroll you will be subject to the Evidence of Insurability and may only apply during the Annual Enrollment Transfer Period.
Eligibility
Employee eligibility:
- Full-time monthly paid employees regularly scheduled to work a minimum of 30 hours a week
Description of Plans
Hartford offers three levels of coverage. At each level, Hartford will protect a percentage of your monthly income(MIB). Additionally, a percentage of your monthly income will be paid into an annuity (MAPB).
Level 1 |
Level 2 |
Level 3 |
|
|---|---|---|---|
Monthly Income Benefit (MIB) |
50% of monthly wage base* |
60% of monthly wage base* |
66.67% of monthly wage base* |
Maximum MIB Benefits |
$2,000 (coverage annual salary up to $48,000/$4,000 month) |
$4,000 (coverage annual salary up to $80,000/$6,666.66 month) |
$6,000 (covers annual salary up to $107,995/$8,999.98 month) |
Elimination Period |
180 days |
120 days |
90 days |
Survivor Benefit |
1 times the last MIB |
2 times the last MIB |
3 times the last MIB |
Monthly Annuity Premium Benefit (MAPB) |
5% of monthly wage base** |
10% of monthly wage base** |
15% of monthly wage base |
*Monthly wage base includes annual salary plus summer earnings, if applicable, divided by 12.
**There is no maximum covered annual salary on the MAPB.
When applying for the disability benefit, you must also apply for disability benefits with Social Security and Tennessee Consolidated Retirement System (TCRS), if eligible.
Disability benefits will continue during a term of continuous disability until one of the following age or time limits:
Option I |
Option II |
Option III |
|
|---|---|---|---|
Age When Totally Disabled |
Benefits Payable |
||
Less than age 60 |
To age 65 |
To age 65 |
To age 65 |
60 but less than 65 |
4 1/2 years |
4 2/3 years |
4 3/4 years |
65 but less than 68 1/2 |
to age 70 |
to age 70 |
to age 70 |
68 1/2 or over |
1 year |
1 year |
1 year |
Pre-existing Condition Limitation: There is an 11 month pre-existing condition clause. See the Group Certificate for details.
Cost
The cost is based on your annual salary and the level you select. The total premium is calculated in two parts, the Monthly Income Benefit (MIB) and Monthly Annuity Premium Benefit (MAPB). Below or the rates per $1,000 of covered monthly salary.
Level 1 |
Level 2 |
Level 3 |
|
|---|---|---|---|
Monthly Income Benefit (MIB) |
.00150 |
.00211 |
.00266 |
Monthly Annuity Premium Benefits (MAPB) |
.00035 |
.00086 |
.00137 |
Each January the premiums are subject to change based on your salary as of January 1 of the previous year.
Pretax note: Premiums can not be tax sheltered.