DeKalb C.U.S.D. 428
DeKalb C.U.S.D. 428
Voluntary Short Term Disability Income Insurance provides you with benefits to replace part of your paycheck when you can’t work because of a sickness or injury. You may need to meet certain conditions to be eligible for benefits, such as completing a waiting period. Availability may vary by state.
Voya Cares® is not insurance coverage. It is a service offered through the Voya family of companies.
Certificates
Review this document for a complete overview of benefits
How can Short Term Disability benefits be used?
When your claim is approved, you will receive weekly benefits to replace part of your income based on your coverage level. You may use this money however you would like. Below are a few examples of how your Short Term Disability benefits could be used, depending on how much coverage you have:
Why should I enroll through my employer?
How much does it cost?
The monthly cost of Short Term Disability Income Insurance varies based on the amount of coverage and sometimes your age. Your monthly premiums may be less than dinner at a casual restaurant.
This is a summary of benefits only. A complete description of benefits, limitations, exclusions and termination of coverage will be provided in the certificate of insurance and riders. All coverage is subject to the terms and conditions of the group policy. If there is any discrepancy between this document and the group policy documents, the policy documents will govern. To keep coverage in force premiums are payable up to the date of coverage termination. Short Term Disability Income Insurance is underwritten by ReliaStar Life Insurance Company, a member of the Voya® family of companies. Short Term Disability Income Insurance Policy Form #RL-STD-POL-20. In New York, Policy Form #HP08GPNY.
Tara slipped and fell, causing her to strain her back, which left her unable to do her job. Fortunately, Tara had purchased Voluntary Short Term Disability Income Insurance through her employer, which provided her with benefits to replace 60% of her regular pay while she was unable to work. This helped reduce the potential financial strain Tara would have faced without this insurance. Seven weeks later, Tara’s back had healed, and she was able to return to work.
Monthly expenses:
| Car payment | $600 |
| Mortgage/monthly rent | $1,500 |
| Everyday expenses | $500 |
| Total monthly expenses | $2,600 |
| Monthly short term disability benefit (60% of normal income of $4,200) | $2,520 |
| Monthly benefit paid | $2,520 |
This is provided as an example only. Actual results may vary. For a complete description of your available benefits, exclusions and limitations, see your certificate of insurance and any riders.
