Provider: New York Life
Policy #SGD-612252
Member Service: (800) 362-4462
Website: www.newyorklife.com
Long term disability insurance provides partial income replacement in the event that you become sick or disabled and cannot work for an extended period of time.
Like most people, you may have a range of financial obligations you're responsible for, like rent or a mortgage, retirement savings, and everyday expenses. If you become disabled, you'll still need to fulfill your commitments and provide for your loved ones.
Below is an overview of your long term disability benefits.
| Benefit | Value |
|---|---|
| Percentage of Monthly Salary | 60% |
| Class 1 Maximum | $18,000 |
| Class 2 Maximum | $15,000 |
| Class 3 Maximum | $5,000 |
| Elimination Period | 90 days |
| Maximum Benefit Duration | Later of Age 65 or up to SSNRA* |
*Social Security Normal Retirement Age
