欧博allbetDisability Insurance for Employees
How do I calculate how much Disability Insurance I may need?
In general, it's best to have enough disability coverage to replace 60% of your after-tax income. However, this number can vary depending on a variety of factors, such as recurrent debt payments and monthly living expenses.
After filing a claim, how long does it take for a decision to be made for Short Term Disability?
Unum is committed to making the initial decision on most Short Term Disability Insurance claims within five business days after receipt of a complete claim that includes a:
completed Employee Statement form
completed Employer's Statement form
completed Attending Physician's Statement form
signed medical authorization form
Each claim is unique, and Unum may request additional supporting medical records to make a decision on a claim.
How will Unum determine if I am eligible for either Short Term or Long Term Disability benefits?
First, we review medical information to determine if you meet the definition of disability as it is defined in your policy. Once we establish that you meet the definition of disability to be eligible for benefits, you:
must continue to meet the definition of disability during the elimination period (the elimination period is the number of days that must pass before you are eligible to receive benefits)
may also be required to have a certain percentage of earnings lost due to disability
We may ask you to provide updated medical information to verify your disability and continued eligibility for benefits beyond the initial approval of your claim.
How long can your disability payments continue?
The length of time you can receive either Short Term or Long Term Disability benefits depends on your policy's Maximum Benefit Period, which is determined by your employer. Once the elimination period (the number of days that must elapse before you're eligible for benefit payments) is satisfied and you continue to meet the definition of disability, your benefits can extend through the Maximum Benefit Period.
How often will I receive my benefit payments?
Short Term Disability Insurance benefit payments are generally made on a weekly basis.
Long Term Disability benefit payments are payable monthly.
How do I receive benefits?
The money is payable directly to you and can be used however you wish.
How much will I receive?
The amount of your benefit is dependent on your pre-disability earnings and the benefit percentage allowed in the policy. If the policy includes an incremental benefit, the benefit amount is the amount that you purchased.
How will my benefit payments be sent to me?
You can have the benefit payments electronically deposited in your bank account by filling out an electronic transfer form in your Unum account. This is the fastest and easiest way to receive your benefit.
If you wish, however, payments can be mailed to you as a check.
How does Unum handle my Short Term Disability benefits for maternity?
For a delivery with no complications, most pregnancy claims are approved under Short Term Disability for a period of six weeks. Your employer may choose to provide an alternative eight-week benefit for Cesarean deliveries.
The six-week and eight-week periods include the elimination period. For example, if the elimination period is seven days, then a normal delivery is paid five weeks of benefits.
Disabilities due to complications of pregnancy will be covered in the same way as any other covered sickness.
Can I keep my Disability Insurance if I leave my job?
For Short Term Disability Insurance, in some cases, yes.
For Long Term Disability Insurance, in some cases, yes.
See your HR representative for details.
Am I guaranteed coverage?
For both Short Term and Long Term Disability, you may be asked some health questions, which will be used to determine whether you are eligible for coverage.
Does workers' compensation affect benefits?
The disability benefit may be reduced if you are receiving income from other insurance policies, retirement or government programs.