Assurant automatically enrolls you and pays for Short-Term Disability Plan coverage. The Plan provides income in the event you cannot work due to illness, injury or pregnancy. Benefits begin after you have been disabled for seven consecutive calendar days and is payable for the duration approved by Lincoln Financial, the short-term disability administrator, up to a maximum of 25 weeks.
|Service with Assurant||Percentage of Your Base Pay Replaced1|
Less than 91 days
More than 91 days
66.67% - weeks 2-26 for all disability leaves except if you go out on leave due to pregnancy.Pregnancy Leave Benefit*: 100% of your base pay for up to 8 weeks.
1. Refer to the Assurant Health and Welfare Benefit Plan Summary Plan Description (SPD) for the definition of Base Pay and other Plan details.
Leave is 6 weeks for the birth of a child, though up to 8 weeks
may be approved based on any complications.
Enhanced Pregnancy Leave
After you’re employed with Assurant for 90 days, all benefits-eligible employees will be
eligible for up to eight weeks of Pregnancy Leave, paid at 100%. (Applies to Pregnancy Leaves
beginning after Jan. 1, 2020; any pregnancy or disability leaves that commence in 2019 will be
subject to the 2019 Short-Term Disability plan design, even if the leave carries over into
2020.) Typically, Pregnancy
Leave is 6 weeks for the birth of a child, though up to
8 weeks may be approved based on any complications.
Requesting a Leave of Absence
You can request a leave through MyHR, from the link on Connect home page. Your Short-Term Disability premium is fully paid by Assurant. However, you do not pay imputed income on the cost of coverage for STD coverage, though you will be taxed on the benefit when you use it.
Note: If you are enrolled in the Assurant Health Plan, Anthem Blue Care Consultant services provides a team of registered nurses and specialized clinicians to guide you through health programs that may offer additional support for your medical condition.
|Service with Assurant||Percentage of Your Plan Pay Replaced|
Less than 91 days
More than 91 days
50% (LTD Core option)
60% (LTD Core + 10% Buy-Up option)
Assurant automatically enrolls you and pays for your Long-Term Disability Plan (LTD) Core option coverage of 50% of your monthly Plan Pay up to $15,000 per month. The premium is added to your taxable earnings for tax purposes only. This means that, because you are taxed on the premium for this coverage, any future benefits you may receive are exempt from income taxes to the extent allowed by law. You have the opportunity to enroll in the LTD Core + 10% Buy-Up option which covers 60% of your Plan Pay at the time of disability, up to $15,000. If you elect the LTD Core + 10% Buy-Up option, you pay the premium for the Buy-Up option on an after-tax basis each pay period.
Benefits under the LTD Plan can begin after you are continuously disabled for six months and may continue as long as you are disabled under the terms of the Plan. Benefits cover up to 60% of your annual Plan Pay at the time of disability until you recover or, if earlier, you reach your normal retirement age (as defined by the Social Security Administration). Special rules apply if your disability begins at or after age 60 or if your disability is due to a mental or nervous condition, or substance abuse.
Newly eligible employees may elect the Long-term Disability (LTD) Buy-Up option for an additional 10% of coverage without providing evidence of insurability. Enrollment after thirty days of eligibility (late enrollment) or any future enrollment changes require evidence of insurability through MyHR powered by Workday. The LTD Buy-Up option coverage is subject to a Pre-Existing Condition Exclusion. “Pre-Existing Condition” means a condition resulting from an injury or sickness for which the covered person is diagnosed or received treatment within six months prior to the covered person’s effective date of coverage. This policy will not cover any disability or partial disability:
• Which is caused or contributed to by, or results from, a
Pre-Existing Condition; and
• Which begins in the first 12 months immediately after the covered person’s effective date of coverage.
The value of Basic Life Insurance coverage greater than $50,000 is considered taxable income. Contact your financial advisor for additional details.
After your initial enrollment period, if you elect to increase your Basic Life Insurance coverage from $50,000 to one times your annual Plan Pay, you must provide a statement of health to be approved before your new election will take effect.
|Plan||Coverage Options||Coverage Levels|
|Supplemental Life Insurance||The maximum life insurance coverage amount that you can elect
(under Basic and Supplemental Life Insurance Plans combined) is $3
Premiums are age-related and based on tobacco use/non-use. You must provide statement of health (SOH) when:
• You increase coverage at any time
|One to eight times your annual Plan Pay|
|Dependent Life Insurance||Dependent Life Insurance is limited to 50% of your Life Insurance
coverage (under Basic and Supplemental Life Insurance Plans
If you and your spouse/domestic partner both work for Assurant:
• You cannot be covered for Life Insurance as both an employee and as a
You must provide a statement of health (SOH) when you:
• Request spouse/domestic partner coverage $75,000 or more
|Supplemental AD&D Insurance||The maximum AD&D coverage that you can elect (under Basic and Supplemental Life Insurance combined) is $1.5 million. The amount of your Supplemental AD&D benefit payable depends on the nature and extent of the loss as outlined in the Assurant Health and Welfare Benefit Plan Summary Plan Description (SPD).||One to eight times your annual Plan Pay|