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Group Disability Insurance with Flexible
Options for Full-Time Professionals |
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Designed for ASCP members and registrants who are under age 60 who work 20 or more hours per week, ASCP Group Disability is a good option for members who are self-employed or who want to supplement their coverage. The Group Disability Insurance Income Plan helps safeguard your income against disabilities, illness or accidents. You can determine your coverage amount and choose a five-year plan or the To Age 65 plan —and enjoy the affordable rates provided by ASCP’s collective buying power. Request up to $3,000 per month in coverage You can apply for coverage up to 60% of your average
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.
For Residents of CA, the CA offset disclosure example:
Please note, this example may not depict any particular applicant’s specific maximum benefit amount. If you are self-employed, Average Monthly Income means (a) wages, salaries, fee, commissions, and any other amounts you receive for personal services; and (b) if your business is incorporated, the cost of fringe benefits and your share of the monthly net profit of the corporation whether received or not received. If you are not self-employed, Average Monthly Income means your regular monthly rate of pay. Average Monthly Income does not include income from interest, dividends, rent, royalties, annuities, other insurance and other earned income. Your choice of waiting periods lets you tailor your coverage 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. You decide how long your monthly benefits can last 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:
Affordable group premiums 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. Benefits payable for Total Disability Total Disability means a disability which occurs during the Waiting Period and the first 24 months during which Total Disability Benefits are payable, completely and continuously prevents you from performing the substantial and material duties of your usual occupation for pay or for profit; and after that, completely and continuously prevents you from engaging in any and every occupation or employment for which you are reasonably suited by training, education or experience. A covered total disability must begin while you are insured under the plan and be the result of (1) an injury and must begin within 90 days after an accident. If more than 90 days has elapsed, the covered total disability will be considered to have resulted from a sickness; (2) a sickness; or (3) an organ donation that you make, provided you have been insured under the plan for at least six consecutive months on the date of the organ donation.
A covered residual disability is an incapacity from an injury or sickness that (a) occurs after the waiting period but before you receive benefits for the maximum benefit period for such disability; (b) occurs before you reach your 65th birthday; and (c) as you work in your regular occupation, results in a Loss of Earnings Ratio of at least 20%. Complete details are included in the Certificate. Other important provisions of the plan
Concurrent Disabilities Benefits during any Period of Disability as the result of:
will be considered the same as if the disability resulted from only one cause. Coordination with other disability benefits 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 including but not limited to benefits from the following:
If there is other group disability insurance that applies to the same claim for disability and contains the same or similar provision for reduction because of other disability benefits, 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. It’s easy to apply for the ASCP Group Disability Income Insurance Plan Get instructions and an application 30 Day Free Look
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ASCP
GROUP DISABILITY INCOME PLAN |
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Administered by: RCM&D 7735 Old Georgetown Road, Suite 800 Bethesda, MD 20814 1-800-865-2727 x1792 240-482-1892 |
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Underwritten by: New York Life Insurance Company; New York, NY 10010 |
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| DISCLAIMER: This website explains the general purpose
of the insurance described, but in no way changes or affects the Group
Policy G-29328-2 as actually issued. In the event of a discrepancy between
this website and the policy, the terms of the policy apply. All benefits
are subject to the terms and conditions of the policy. Policies underwritten
by New York Life Insurance Company; NY, NY 10010 Policy Form GMR FACE
detail exclusions, limitations, reduction of benefits and terms under
which the coverage may be continued in full or discontinued. Complete
details are in the Certificate of Insurance issued to each insured individual
and the Group Policy issued to the policyholder. This program may vary
and may not be available to residents of all states. |
