Disability Benefits
PROVIDED THROUGH MUTUAL OF OMAHA
Understanding the importance in protecting your income, Wesley Woods provides you with the opportunity to purchase short-term disability and offer you company-paid long term disability benefits.
VOLUNTARY SHORT-TERM DISABILITY (STD)
Wesley Woods offers voluntary short-term disability benefits administered by Mutual of Omaha. This benefit provides financial protection for you by paying a portion of your income should you become disabled due to a non-workrelated illness or injury. You will be responsible for 100% of the premium for this benefit.
The amount you receive is based on your base earnings before your disability began. If you suffer from a qualified accident or illness, Mutual of Omaha will pay 60% of your weekly earnings, up to $2,500 per week, for up to 22 weeks. Benefit payments will begin on the 31st day from the date the disability occurred.
The STD plan does include a limitation on pre-existing conditions. You have a pre-existing condition, if: you received medical treatment, consultation, care or services including diagnostic measures for the condition, or took prescribed drugs or medicines for it in the 3 months just prior to your effective date of coverage; and the disability begins in the first 6 months after your effective date of coverage and a 2-week limitation.
The rates for the STD Benefit are reflected as you complete the enrollment process.
COMPANY-PAID LONG-TERM DISABILITY (LTD)
Wesley Woods is pleased to provide long-term disability benefits at no cost to you, administered by Mutual of Omaha. This long-term disability plan provides financial protection for you by paying a portion of your income while you are disabled.
LTD insurance provides a benefit after180 days of a continuous disability. LTD begins when STD ends. You are eligible to receive 60% of your monthly earnings up to a $15,000 maximum.
The long-term disability plan does include a limitation on pre-existing conditions. You have a pre-existing condition, if: you received medical treatment, consultation, care or services including diagnostic measures for the condition, or took prescribed drugs or medicines for it in the 3 months just prior to your effective date of coverage; and the disability begins in the first 12 months after your effective date of coverage.
Note
If you decline the voluntary short-term disability coverage when initially eligible then you will be required to complete an Evidence of Insurability application should you choose to enroll later. Enrollment for late entrants is subject to medical underwriting approval.