Long-Term Disability
Plan Details
Guaranteed Approved Coverage: No medical questions or tests for actively working Members.
LONG-TERM DISABILITY OPTION 1
Pays a flat $2,000 per month for up to 5 years.
| COVERAGES | MONTHLY COSTS BY AGE BRACKET | |||||||||||||
| MAX MONTHLY BENEFIT* | <30 | 30-39 | 40-49 | 50-59 | 60-69 | |||||||||
| $2,000 | $5.60 | $6.40 | $8.78 | $11.58 | $39.90 | |||||||||
*Benefit is flat $2,000 unless earnings are below $40k.
LONG-TERM DISABILITY OPTION 2
Pays 60% of income benefit up to $5,000 per month for up to 10 years.
| COVERAGES | MONTHLY COSTS BY AGE BRACKET | |||||||||||||
| ANNUAL EARNINGS* | MAX MONTHLY BENEFIT | <30 | 30-39 | 40-49 | 50-59 | 60-69 | ||||||||
| $40,000 | $2,000 | $8.50 | $12.00 | $23.20 | $50.70 | $104.00 | ||||||||
| $50,000 | $2,500 | $9.88 | $14.25 | $28.25 | $62.63 | $129.25 | ||||||||
| $60,000 | $3,000 | $11.25 | $16.50 | $33.30 | $74.55 | $154.50 | ||||||||
| $70,000 | $3,500 | $12.63 | $18.75 | $38.35 | $86.48 | $179.75 | ||||||||
| $80,000 | $4,000 | $14.00 | $21.00 | $43.40 | $98.40 | $205.00 | ||||||||
| $90,000 | $4,500 | $15.38 | $23.25 | $48.45 | $110.33 | $230.25 | ||||||||
| $100,000 | $5,000 | $16.75 | $25.50 | $53.50 | $122.25 | $255.50 | ||||||||
*For additional benefit amounts not shown, please call (224) 770-5305.
Important Information
IMPORTANT: The monthly cost for coverage is based on your age at the start of the coverage and will increase on the policy anniversary date after you move into a new age bracket.
Participation in this program is voluntary, and the decision to enroll rests solely with the Members. Members are responsible for bearing all associated costs. A $3 technology fee is included in all listed monthly costs for the following coverages: Short-Term Disability and Long-Term Disability. A $2 technology fee is included in all listed monthly costs for the following coverages: Member Life and Spouse Life.
IMPORTANT: If you depart from IBEW 103, opt out of paying dues, or retire, you must notify the Customer Service Center at (224) 770-5305. Not doing so within 90 days could delay or negate your eligibility for a refund.
We encourage Members to thoroughly review the complete policy booklet. Email info@unionone.com to request a copy.
This program is administered by Union One Benefits Administration.
This voluntary benefit plan is classified as a Safe Harbor plan and, as such, is not subject to the Employee Retirement Income Security Act of 1974 (ERISA). The IBEW does not contribute to the premiums for this plan on behalf of its Members, does not endorse the plan, and does not require Members to enroll in the plan. Furthermore, the Union receives no financial or other consideration in connection with the administration or promotion of this program.
For STD & LTD: These policies provide disability income insurance only and do NOT provide basic hospital, basic medical, or major medical insurance.
For Life: You have 31 days to notify Union One of your retirement if you wish to port or convert your Life Insurance.
Group Insurance coverages are issued by Sun Life Financial. Sun Life financial and the globe symbol are registered trade-marks. All rights reserved.
