Long Term Disability

 

 

 

Amount of insurance for the employee: 67% of first $3,500 of monthly earnings + 55% of any excess (non-taxable).

Maximum without evidence of insurability: $8,000

Maximum with evidence of insurability: $15,000

Qualifying period: 120 days

Termination of benefit: Your retirement or your 65th birthday less the qualifying period (120 days), whichever comes first.