Long-Term Disability
When faced with a long-term illness or injury, the absence from work can lead to severe financial difficulties. Long-Term Disability benefits provide a safety net, ensuring that our Members can continue to support themselves and their families when they find themselves sick or injured and unable to work for long periods of time.
Get Started
Enrollment is simple and only takes a few minutes.
Information you will need
– Employment & Income Information
– Spouse & Dependent Dates of Birth & Contact Information
– Bank Account & Routing Numbers
Plan Details
Guaranteed Approved Coverage. You cannot be denied during open enrollment.
Stackable with other eligible benefits, up to 70% of pre-disability earnings.
Pre-existing conditions are covered after 12 months of continuous coverage.
Benefits paid are tax-free.
Benefit election cannot exceed 60% of annual income.
24/7 coverage for on and off the job disabilities caused by injuries, illnesses or surgeries.
Long-Term Disability Option 1
Pays a flat monthly benefit for up to 2 years. Pays after 180 day waiting period.
Short-Term Disability covers first 26 weeks.
| COVERAGES | MONTHLY COSTS BY AGE BRACKET | ||||||||||||||||||
| MAX MONTHLY BENEFIT* | <30 | 30-39 | 40-49 | 50-59 | 60+ | ||||||||||||||
| $2,500 | $5.13 | $7.78 | $10.45 | $20.13 | $23.88 | ||||||||||||||
*For additional benefit amounts not shown, please click here for the Cost Calculator or call (224) 487-5030.
Long-Term Disability Option 2
Pays a flat monthly benefit for up to 5 years. Pays after 180 day waiting period.
Short-Term Disability covers first 26 weeks.
| COVERAGES | MONTHLY COSTS BY AGE BRACKET | ||||||||||||||||||
| MAX MONTHLY BENEFIT* | <30 | 30-39 | 40-49 | 50-59 | 60+ | ||||||||||||||
| $3,000 | $6.50 | $14.00 | $32.00 | $58.25 | $58.25 | ||||||||||||||
| $4,000 | $8.00 | $18.00 | $42.00 | $77.00 | $77.00 | ||||||||||||||
| $5,000 | $9.50 | $22.00 | $52.00 | $95.75 | $95.75 | ||||||||||||||
| $6,000 | $11.00 | $26.00 | $62.00 | $114.50 | $114.50 | ||||||||||||||
| $8,000 | $14.00 | $34.00 | $82.00 | $152.00 | $152.00 | ||||||||||||||
| $10,000 | $17.00 | $42.00 | $102.00 | $189.50 | $189.50 | ||||||||||||||
*For additional benefit amounts not shown, please click here for the Cost Calculator or call (224) 487-5030.
Important information about this plan
IMPORTANT: The monthly cost for coverage is based on your age at the start of the coverage and will increase on the policy anniversary date after you move into a new age bracket. This benefits guide is tailored for IUEC Members aged 18-70+.
Participation in this program is voluntary, and the decision to enroll rests solely with the Members. Members are responsible for bearing all associated costs. A $2 technology fee is included in all listed monthly costs for the following coverages: Short-Term Disability and Long-Term Disability. A $1 technology fee is included in all listed monthly costs for the following coverages: Member Life and Spouse Life.
IMPORTANT: If you depart from the IUEC, opt-out of paying dues, or retire, you must notify the IUEC Service Center at (224) 487-5030. Not doing so within 90 days could delay or negate your eligibility for a refund. Members have 30 days to notify us of their retirement if they wish to port or convert their Life Insurance.
We encourage enrolled Members to thoroughly review the complete policy booklet, which can be requested by email to info@IUECVIP.com.
This program is administered by Union One Benefits Administration.
This voluntary benefit plan is classified as a Safe Harbor plan and, as such, is not subject to the Employee Retirement Income Security Act of 1974 (ERISA). The IUEC does not contribute to the premiums for this plan on behalf of its Members, does not endorse the plan, and does not require Members to enroll in the plan. Furthermore, the Union receives no financial or other consideration in connection with the administration or promotion of this program.
For STD & LTD: These policies provide disability income insurance only and do NOT provide basic hospital, basic medical, or major medical insurance as defined by the New York State Department of Financial Services.
Group Insurance coverages are issued by New York Life Insurance Company, New York, NY. All Rights Reserved. NEW YORK LIFE, and the NEW YORK LIFE Box Logo are trademarks of New York Life Insurance Company.
