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Disability Insurance
This policy is issued on a simplified issue basis. Benefits available to members ages 16-69, benefits available for most industries, plans are not age or gender rated. Members must be actively at work at least 20 hours per week to be eligible.
Sample Plan Options
¨ Plan Description - Pays a monthly benefit for total disability resulting from a covered injury or sickness. Benefits begin at the end of the elimination period and continue while totally disabled until the purchased accident benefit period expires. Accident Benefit not payable if Workers Compensation or similar law pays.
¨¨ Accident Elimination Period
¨ 0 Days
¨ Sickness Elimination Period
¨ 14 Days
¨ Benefit Periods
¨ 6 Months
¨ 1 Year
¨ Minimum Issue
¨ $300
¨ Maximum Issue
¨ $5,000
*Monthly benefit may not exceed 60% of income
| Benefit | 6 months | 1 year |
| $300 | $14.65 | $17.50 |
| $400 | $19.20 | $23.00 |
| $500 | $23.75 | $28.50 |
| $600 | $28.30 | $34.00 |
| $700 | $32.85 | $39.50 |
| $800 | $37.40 | $45.00 |
| $900 | $41.95 | $50.50 |
| $1,000 | $46.50 | $56.00 |
| $1,100 | $51.05 | $61.50 |
| $1,200 | $55.60 | $67.00 |
| $1,300 | $60.15 | $72.50 |
| $1,400 | $64.70 | $78.00 |
| $1,500 | $69.25 | $83.50 |
| $1,600 | $73.80 | $89.00 |
| $1,700 | $78.35 | $94.50 |
| $1,800 | $82.90 | $100.00 |
| $1,900 | $87.45 | $105.50 |
| $2,000 | $92.00 | $111.00 |
| $2,500 | $114.75 | $138.50 |
| $3,000 | $137.50 | $166.00 |
| $3,500 | $160.25 | $193.50 |
| $4,000 | $183.00 | $221.00 |
| $4,500 | $205.75 | $248.50 |
| $5,000 | $228.50 | $276.00 |
- Rates include the $1.00 CARE Membership Fee
*Eligible applicants must be a member in good standing of CARE
Mail application and first month's premium check to:
Greater Insurance Service
PO Box 8633
Madison, WI 53708-8633
Other options/riders available upon request:
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Accident Elimination Periods (0, 7, 14, 30, 60, 90, 180) |
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Sickness Elimination Periods (7, 14, 30, 60, 90, 180) |
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Building Benefit Rider - Accident Only |
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Building Benefit Rider - Sickness Only |
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Accidental Death & dismemberment Rider from $30,000 to $1,000 |
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Emergency Accident Rider for $50 or $100 |
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Hospital Indemnity Rider from $30 per day to $150 per day |
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Hospital Indemnity Injury Rider from $30 per day to $150 per day |
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Outpatient Sickness Rider from $25 to $100 |
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First Hospital Confinement Rider |
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Specified Injury Rider |
CLICK HERE FOR QUOTE ON ADDITIONAL BENEFIT OPTIONS
*Disability only approved in AL, AR, AZ, DC, FL, IA, KY, LA, MI, NE, NM, OH, OK, PA, SC, SD, TX, WA, WI
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CLICK HERE FOR QUOTE ON ADDITIONAL BENEFIT OPTIONS.
If an employee cannot work due to sickness or an injury as a result of an accident, he or she may lose income that is absolutely vital to daily life. At such a time, the loss of wages is not the only danger, additional expenses may arise from an illness or injury such as co-payments for treatments received. Disability income insurance helps provide financial assistance at a time when it’s most needed
Advantages for the Insured
· Helps replace lost wages when unable to work due to injury or sickness
· Policy can be continued if an employee changes jobs
· Guaranteed renewable to age 70
· Employee can choose from multiple benefit periods
Disability due to Pregnancy is covered* (See policy for specific limitations on coverage
| ©Greater Insurance Service Corp 2009 |