Key Information
For residents of:
Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, Pennsylvania, South Dakota, and West Virginia.
Benefits-at-a-Glance
Voluntary Group Short-Term Disability (STD)
Short-term Disability Insurance helps offset the unpredictable financial difficulties caused by accidents or illness. It's a key element to any supplemental benefit package, and coverage no working person should be without.
Consider when a valuable employee is absent from his or her job due to an injury or illness, paying compensation out of your pocket can be devastating to your bottom line. Voluntary Short-term Disability coverage can hedge against such losses, help you avoid some unemployment claims, and at the same time give your employees security in knowing there'll be a source of income should the unexpected happen.
We've designed EPIC's Voluntary STD Insurance to be flexible. Our variety of set-up options means you develop a plan that suits your employees' needs:
- Your choices for Duration, or the length of time the benefits last in the event of a disability, are:
- 13 weeks
- 26 weeks
- 52 weeks
- Waiting Periods determine when STD payments start. You can choose waiting periods based upon the cause of the disability. Choices are:
- Disability due to an Accident: 8, 15, or 30 days
- Disability due to Sickness: 8, 15, or 30 days
And, the plan's flexible for your employees, too. They decide the weekly benefit amount they need, depending on their individual financial situation. Our minimum STD weekly benefit is $70 per week, and the maximum is $750 per week. Ask your EPIC representative about the STD Buy-Up plan.
Voluntary STD offers many of the same valuable features and benefits available with our standard STD plan.
- Survivor Benefit (included in the premium): Should the insured die while receiving STD benefits, their designated beneficiary will receive an additional three weekly STD benefit payments.
- Maternity (optional for groups of less than 15; included in the premium for groups of 15+): This enhancement extends the STD coverage to include an insured's pregnancy-related disabilities.
- Partial Disability (optional benefit): Partially-disabled employees can receive up to 80% of their pre-disability pay from part-time work, STD benefits, and other sources, and still qualify for STD coverage. Since your employees don't have to be concerned about losing benefits or starting a waiting period over again, this option encourages them to return to work.
- Pre-Existing Limitation - Base and Voluntary STD has a pre-existing limitation of 6/12. Credit will be given to insureds with prior group STD coverage.
| Group Size Requirement for EPIC Voluntary STD |
| Minimum ten lives |
