Coverage that can help protect your income when you are unable to work.
Long Term Disability Insurance can help protect your income if you are unable to work due to a major injury, chronic condition, cancer or extended illness.
Long Term Disability Insurance can help you cover essential living expenses, protect your savings, your home and other assets and help you avoid having to borrow money from friends or family.
Coverage is easily accessible, and in most cases, payments are made directly to you. If you have Long Term Disability Insurance, you can count on monthly payments. Plus, you can use the money for whatever you like, from groceries and gas to your mortgage or rent.
More than one in four of today's 20-year-olds can expect to be out of work for at least a year because of a disabling condition before they reach normal retirement age.1 Plus, the majority of long-term absences are due to illnesses, such as cancer, heart attacks and diabetes.2
Given its strict definitions of what qualifies as a disability, federal help may be unavailable. Approximately 67% of initial Social Security Disability Insurance claims are denied.3 Social Security benefits are not available if you are expected to be disabled for less than a year. With disability insurance, you can help ensure you still receive part of your salary to cover everyday expenses.
Payments are made directly to you. You decide how to spend the money!
For example:
Please review the below application or call 1-866-978-2974
Plan Features | Long Term Disability | ||
---|---|---|---|
LTD # 5554 | LTD # 5095 |
LTD # 5240 Guaranteed Issue | |
Enrollment Age | Under the age of 60 | Under the age of 60 | Under the age of 60 |
Maximum Monthly Benefit | $10k | $10k | $3k or $5k |
Elimination Period | 90, 180, or 365 days | 30 days | 90 days |
Benefit Duration | Choose Plan 1 or 2 Above | For Sickness = 1 year For Accident See Plan 2 Above | 2 years |
PLAN SUMMARY | PLAN SUMMARY | PLAN SUMMARY | |
Enroll Now | Enroll Now | Enroll Now |
SUBMISSION INSTRUCTIONS
After completing, sign and date the form on the last page where indicated. Make a copy for your records and mail to APPA.
APPA
12444 Powerscourt Dr, Suite 500A
St Louis, MO 63131
Discuss your plan options with your plan Representative.
Please contact your plan Representative at 1-866-978-2974 for information about your plan options. Your plan Representative will bill you directly. You can pay semi-annual, quarterly, annually by check, or make online payment.
A. Disability protection can help you cover your essential living expenses and help protect your savings by replacing a portion of your income if you are unable to work due to a covered condition, injury or illness.
A. Consider any expenses you may incur in the running of your household, including car payments, mortgage or rent payments, groceries, childcare, tuition and more, that will still need to be paid in the event of a disability.
A. Payment will be made directly to you, not your employer, hospital, doctor or insurance company. The payment amount will depend on the amount of coverage you choose.
A. Disability insurance can be more cost-effective than you may think. For example, a healthy male age 35 may get a $1,000 monthly benefit for an initial premium of about $25 a month.4 Rates for your plan(s) can be found in the enrollment materials provided by your association.
A. The maximum monthly benefit amount under age 60 is $10,000 or 60% of your Pre-disability Earnings less any other disability insurance.
A. MetLife offers various ways to submit your claim based on your plan, including online, mail and phone options. Plus, you can track the status of your claim online or on the MetLife US app. Search MetLife
in the App Store or Google Play to download the app.
As one of the nation's leading providers of disability benefits,5 you can count on MetLife to provide you with caring, compassionate and accurate claims service if or when you experience a disability.
A. Enrolling in a plan is not mandatory, but it is a good idea and a cost-effective way to help protect your income. Without disability insurance, you may need to use your savings or tap into other assets to cover your essential living expenses while you recover from a disabling accident or illness.
Chances of Disability: Me, Disabled?Council for Disability Awareness website. http://www.disabilitycanhappen.org/common-causes/, Accessed October 2023.
Long Term Disability (LTD
) coverage is provided under a group insurance policy issued to APPA by MetLife. This LTD coverage terminates when your membership or employment through membership ceases, when you cease to be an eligible member, when your LTD contributions cease, or upon termination of the group contract by your association. Like most group disability insurance policies, MetLife policies contain certain exclusions, exceptions, waiting periods, reductions, limitations and terms for keeping them in force. Contact your plan Representative for complete costs and details.
The Plan Overview provides only a brief overview of the LTD Plan. A more complete description of the benefits provisions, conditions, limitations, and exclusions will be included in the Certificate of Insurance, Summary Plan Description and/or other plan documents. If any discrepancies exist between this information and the legal plan documents, the legal plan documents will govern.
The association and/or the plan administrator incurs costs in connection with providing oversight and administrative support for this sponsored plan. To provide and maintain this valuable membership benefit, MetLife may compensate the association and/or the plan administrator for these and/or other costs.
All insurance and insurance effective dates are subject to final underwriting approval.
These policies provide disability income insurance only. For policies issued in New York, they do NOT provide basic hospital, basic medical, or major medical insurance as defined by the New York State Insurance Department. The expected benefit ratio for these policies is at least 50%. This ratio is the portion of future premiums that MetLife expects to return as benefits when averaged over all people with the applicable policy.
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The information contained herein is offered as insurance Industry insight and provided as an overview of current market risks and available coverages and is intended for discussion purposes only. This publication is not intended to offer legal advice or client specific risk management advice. Any description of insurance coverages is not meant to interpret specific coverages that your company may already have in place or that may be generally available. General insurance descriptions contained herein do not include complete Insurance policy definitions, terms and/or conditions, and should not be relied on for coverage interpretation. Actual insurance policies must always be consulted for full coverage details and analysis. Insurance brokerage and related services to be provided by Gallagher Affinity Insurance Services, Inc. (License No. 100310679 | CA License No. 0783129).
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