Benefits Chart

Below is a full listing of the benefits for each plan.

This Income Protection Plan Works For You!

Eligibility

All members (and spouses) who are under age 60, who are actively at work 30 or more hours per week.

Cost of Living Adjustment (COLA)

After the waiting period and one complete calendar year of total disability, the net monthly benefit is increased 3%. Should the total disability continue, benefit increases will take effect on each subsequent anniversary for a maximum of five increases.

Waiver of Premium

If you become totally disabled, as defined by the group policy, and receive monthly benefits for 6 consecutive months, the premium payment may be waived for as long as the insured is disabled (provided the required proof is given). When the insured stops receiving monthly benefits, premiums must again be paid when due.

Partial Disability Benefit

This allows you to rebuild your income as you return to full-time employment. The partial disability benefit provides continuing support for a claimant attempting a return to work, up to the Benefit Duration Period selected. A claimant will be considered partially disabled if he cannot perform the material duties of his regular job, but can perform at least one of these duties on a part-time basis; or at least one, but not all of these duties on a full-time basis.

This benefit is payable until the claimant is able to earn 80% of pre-disability income. The claimant must have been totally disabled throughout the elimination period. The Partial disability benefit equals the total disability benefit less 50% of the claimant°s partial earnings.

Continued Family Income Option

For insureds under age 55, family will receive 60% of insured earnings for 1 year. Benefit is payable whether or not the insured is disabled at time of death. For insureds age 55 or over, pays 60% of insured earnings for eight months.

Duration of Benefits

If total disability begins before age 60, benefits are paid for 2 years, 5 years, or to age 65, as elected. If total disability begins at later ages, benefits are paid for 2 years, or to age 70, if earlier.

All benefits will end on the date:

1. The member fails to give required proof of continuing total disability;
2. The member’s total disability ends;
3. The member attains age 70;
4. The maximum benefit period ends; or
5. The member dies.

If the group policy ends while totally disabled, this will not act to end the maximum benefit period.

Medical Information Bureau Disclosure Notice:

Information regarding your insurability will be treated as confidential except that The United States Life Insurance Company In the City of New York may, however, make a brief report thereon to the Medical Information Bureau, a non-profit membership organization of life insurance companies which operates an information exchange on behalf of its members. Upon request by another member insurance company to which you have applied for life or health insurance coverage or to which a claim is submitted, the Medical Information Bureau will supply such company with the information it may have in its files.

Upon receipt of a request from you, the Bureau will arrange disclosure of any information it may have in your file. If you question the accuracy of information in the Bureau’s file, you may contact the Bureau and seek a correction in accordance with the procedures set forth in the Federal Fair Credit Reporting Act. The address of the Bureau’s information office is Post Office Box 105, Essex Station, Boston, Massachusetts 02112, telephone number (617) 426-3660.

The United States Life Insurance Company In the City of New York may also release information in its file to other life insurance companies to whom you may apply for life or health insurance or to whom a claim for benefits may be submitted.

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