Life, Accident & Disability Insurance

Affirm-Provided: Short-Term Disability Insurance (STD)

Things can change, quickly – STD is there when you’re caught off guard. 

Short-Term Disability (STD) insurance replaces part of your income for limited duration issues such as:

• Pregnancy issues and childbirth recovery
• Prolonged illness or injury
• Surgery and recovery time

STD payments may be reduced if you receive other benefits such as sick pay, workers’ compensation, Social Security, or state disability. Affirm pays the cost of this coverage.

 

Prudential STD

Weekly benefit amount	60% up to a maximum of $2,800
Guarantee Issue	$2,800/week
Benefits begin	After 7 days of disability due to accident or 7 days due to sickness
Maximum payment period	12 (based on first day you are disabled, not when benefits begin)

Affirm- Provided: Long-Term Disability Insurance (LTD)

LTD benefits can cushion the financial impact of a disability.

Long-Term Disability (LTD) insurance replaces part of your income for longer-term issues such as:

• Debilitating illness (cancer, heart disease, etc.)
• Serious injuries (accident, etc.)
• Heart attack, stroke
• Mental disorders.

If you qualify, LTD benefits begin after short-term disability benefits end. Payments may be reduced by state, federal, or private disability benefits you receive while disabled. Affirm pays the cost of this coverage.

 

Prudential LTD 

Monthly benefit amount	60% up to a maximum of $15,000
Guarantee Issue	100% guarantee issue, up to $15,000/month
Benefits begin	After 90 days of disability
Maximum payment period	Social Security normal retirement age; the ADEA I table applies for individuals becoming disabled at age 60+

Accident Insurance (Optional)

Accident Insurance pays you benefits for specific injuries and events resulting from a covered accident that occurs while you are not at work, on or after your coverage effective date. The benefit amount depends on the type of injury and care received.

 

Prudential Accident Insurance 

Hospital Confinement (up to 365 days)	$300 /Day
Hospital Admission	$1,000 /Trip
Transportation	$1,000
Ambulance (Ground/Air)	$200 | $500
Physical Therapy (6 Treatments)	$25

For a complete summary of benefits, reference your Accident Benefit Summary.

 

 

Monthly Rates
Employee Only	$7.68
EMPLOYEE + SPOUSE	$11.03
EMPLOYEE + CHILDREN	$11.66
EMPLOYEE + FAMILY	$17.88

Please note, Accident Insurance is a limited benefit policy. It is not health insurance and does not satisfy the requirement of minimum essential coverage under the Affordable Care Act.

Critical Illness Insurance (Optional)

Critical Illness Insurance pays a lump-sum benefit if you are diagnosed with a covered illness or condition on or after your coverage effective date. Critical Illness Insurance is a limited benefit policy. It is not health insurance and does not satisfy the requirement of minimum essential coverage under the Affordable Care Act.

 

Prudential Critical Illness Insurance 

Base Module: Heart Attack, Stroke, Major Organ Failure, Coma, Paralysis	100%
Module A: Deafness, Blindness, Benign Brain Tumor	100%
Cancer	Cancer: 100% Carcinoma in SITU: 25% Skin Cancer: $250, payable once per covered person per calendar year

For a complete summary of benefits, reference your Critical Illness Benefit Summary.