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You can apply for coverage up to 60% of your basic
monthly pay — up to the maximum coverage of $3,000 per month —
depending on the amount you would need to help cover your family’s
monthly expenses.
Use this formula to calculate the maximum monthly coverage available to
you under the
ASCP
Disability Income Insurance Plan:
| Your basic monthly pay |
_____ |
| Multiplied by 60% |
x .60 |
| Equals your Maximum Benefit |
=_____ |
For Residents of CA, the CA offset disclosure
example:
| Insured’s monthly predisability earnings |
$3,000 |
| Long term disability benefits percentage |
x 60% |
| Unreduced maximum benefit |
$1,800.00 |
| Less Social Security disability benefit per month |
-$900 |
| Less state disability income benefit per month |
-$300 |
| Total amount of long term disability benefit per month |
$600 |
Please note, this example may not depict
any particular applicant’s specific maximum benefit amount.
If you are self-employed, your
basic monthly pay means your average net monthly income from the personal
practice of your professional or personal conduct of your main business.
This average is based on net income for the 12 months or 24 months before
determination is made, whichever produces the higher average.
If you are not self-employed, your basic monthly pay means your regular
monthly rate of pay in effect on the last day of active employment before
being disabled, not counting commissions, bonuses, overtime pay, or any
other fringe benefit or extra compensation.
With the
ASCP
Plan, there is a waiting period from the day you become disabled to the
day your monthly benefit payments begin. You can choose from 60, 90, or
180 day waiting periods to match your needs and help keep your cost of
coverage as low as possible.
Once your waiting period is satisfied, the length of
time your monthly benefits will be paid is determined by the Plan Option
you chose when you applied. You can select from two Plan Options:
- Five Year Plan
This plan is designed to cover a short-term
disability and offers benefits payable for up to five years. For disabilities
occurring on or after age 60, benefits will only be payable up to age
65.
- To Age 65 Option
This plan is designed to cover a long-term
disability and offers benefits payable to age 65. For disabilities occurring
between ages 63 and 65 you get 2 years of coverage.
The group buying power of thousands of
ASCP
members puts affordable, quality disability coverage within your reach.
Click here
to determine your cost for the level of protection you want for yourself
and your family.
Disability
Income Plan rates
Total Disability means disability which during
the Waiting Period and the first 24 months during which Total Disability
Benefits are payable, wholly and continuously prevents you from performing
the substantial and material duties of your usual occupation; and after
that, wholly and continuously prevents you from engaging in any and every
occupation or employment for which you are reasonably suited by training,
education or experience.
- Coverage can continue to age 65
As long as you are working full-time (at least
20 hours per week) at the duties of your job or profession, pay your
premium when due, remain a member of
ASCP
, and the Group Master Policy remains in force, your coverage cannot
be cancelled until the renewal date following your 65th birthday.
- Eligibility
You are eligible provided you are under
age 60, Actively at Work at least 20 hours per week and a U.S. Resident.
- Waiver of premium while disabled
Your premium payments will be waived after
you have been receiving Total Disability benefits for six months. This
waiver will continue until Total Disability benefits are no longer payable.
At that time you can continue your Disability Income Plan protection
by resuming premium payments, as long as you are otherwise eligible
for coverage.
- Exclusions
This Policy does not cover loss caused by or
resulting from: intentionally self-inflicted Injury, suicide or attempted
suicide, while sane or insane; pregnancy or childbirth, except Complications
of Pregnancy; war or act of war, whether declared or not; any Injury
sustained while riding on, boarding or alighting from, any aircraft:
a) as a pilot, crew member or student pilot; b) operated by any military
authority (land, sea or air), unless it is a Military Transport Aircraft
used for transport and operated by the United States Military Air Mobility
Command (AMC) or an AMC type service of a national government recognized
by the United States; or c) being used for tests, experimental purposes,
stunt flying, racing or endurance tests; the commission or attempted
commission of a felony by you; Sickness contracted or Injury sustained
while on full-time active duty as a member of the Armed Forces (land,
water, air) of any country or international authority.
- Limitations on pre-existing conditions
During the first 12 months of coverage, losses
incurred for Pre-Existing Conditions are not covered. A Pre-Existing
Condition means any injury or sickness including pregnancy; diagnosed
or undiagnosed, for which you have received medical care within the
12-month period prior to your coverage effective date or the date of
an increase in coverage. During that time, benefits for all other accidents
or illnesses will be paid under the policy provisions. You are urged
to consider this limitation before dropping any coverage you may have
until the waiting period is over.
- Coverage for mental illness, alcoholism,
and drug abuse
If you become Totally Disabled due to mental
or nervous disorders, alcoholism, or drug abuse, the maximum payment
period will be reduced to two years during your lifetime, unless you
are confined in a hospital or other institution licensed to provide
care and treatment for that disability.
- Recurrent disabilities
If you’re disabled due to the same or
related medical causes, it will be considered one period of disability
unless separated by 180 days during which you were actively at work.
When there are fewer than 180 days between disability periods, benefit
payments will be based on your original claim.
- Partial benefit payments
If you are partially disabled, or if you accept
rehabilitative employment while totally or partially disabled, you may
be eligible to receive a partial monthly benefit payment. Details of
the Partial Disability Benefit and Rehabilitative Employment Benefit
are contained in your Certificate of Insurance.
- Effective date of coverage
Your coverage will become effective on the
date shown on your Certificate of Insurance, provided the required premium
has been paid and you are actively-at-work (at least 20 hours per week)
on that date. If you are not actively at work on that date, your coverage
will become effective on the first day of the month following the date
you return to work. All levels of coverage are subject to medical evidence
of insurability as determined by The Hartford.† Depending on your
age, the amount of coverage you request, and your answers on the application,
a medical examination, medical test(s), or other evidence of good health
may be required. Any exams/tests requested by the company will be conducted
at your convenience and at no expense to you.
- Programs that help you get back to work
The
ASCP
Disability Income Insurance Plan includes features
that help you get back on your feet again and return to work without
“shutting off” your disability benefits. A complete description
of these features is included in the Certificate of Insurance. These
benefits include Partial Disability Benefits, Residual Disability Benefits
and Rehabilitation Benefits.
- The Ability Plus Benefit
This new benefit provides 10% of monthly benefit
amount not to exceed $1500. Under certain circumstances, this benefit
provides 10% of your monthly benefit not to exceed $1500. Please
see your certificate for more information.
Benefits during any Period of Disability as the result
of:
a) more than one sickness; or
b) more than one accident; or
c) both sickness and accident
will be considered the same as if the disability resulted
from only one cause.
The amount of monthly benefit you select is the maximum
benefit you may receive under the
ASCP
Plan. Your monthly benefits will be reduced by any other benefits you
are entitled to receive from:
- temporary or permanent disability benefits under
a Workers’ Compensation law, occupational disease law, or similar
law;
- government law or program that provides disability
or unemployment benefits as a result of your job, including statutory
disability plans;
- plan or arrangement of coverage as a result of
employment by or association with an employer or as a result of membership
in or association with any group, association, union, or other organization;
- individual insurance policy where the premium is
wholly or partially paid by an employer;
- “no-fault” automobile insurance plan;
- benefits under the United States Social Security
Act, the Canada Pension Plan, the Quebec Pension Plan, or similar plan
or act that you or your spouse and children are entitled to receive
because of your disability.
If there is other group disability insurance that applies
to the same claim for disability and contains the same or similar provision
for reduction, each policy shall be liable for its pro rata share. We
will assume that you are receiving all the benefits to which you are entitled
unless you provide proof otherwise.
Get
instructions and an application
Our satisfaction guarantee makes it possible for you
to examine the
ASCP
Disability Income Insurance Plan without risk. If you aren’t satisfied
with the coverage, simply return your Certificate of Insurance within
30 days for a full refund minus any claims paid. |
