FPA Group Short-Term Disability Insurance
FPA Group Short-Term Disability Insurance
Your most valuable asset is your ability to earn an income. Short-term Disability insurance pays a weekly benefit to help you keep your finances on track when you’re out of work because of a covered disability.
- Replaces 70% of your Pre-Disability earnings up to $2,500 per week.
- Choose the Elimination Period that is right for you.
- Benefits paid directly to you, to replace your lost income. Use however you choose.
FPA Advantage
Short-term Disability coverage provides partial income replacement if you can’t work because of a qualifying disability caused by an illness, injury or pregnancy. The benefit payments can help with bills that continue even when you can’t work, like your mortgage or rent – expenses medical insurance won’t cover.
Eligibility: All Actively at Work Members and employees of Members who are under age 65 at enrollment.
Benefits
- Weekly Income Benefit up to $2,500.
- Replaces up to 70% of lost income. (Subject to any deductible income)
- Affordable rates through your FPA association membership.
- Two Elimination Periods to choose from. Plan A = 7 days. Plan B = 29 days.
- Benefits paid directly to you to use as you see fit.
- No application fees, annual service fees, or administrative fees.
- Premiums are drafted monthly via ACH using your checking account.
- Maximum benefit duration period is up to 90 days.
Benefits are paid for a covered disability that begins while you are insured. Disability is defined as: Due to a Sickness, or as a direct result of accidental injury: the member is receiving Appropriate Care and Treatment and complying with the requirements of such treatment, and is unable to earn more than 80% of their pre-disability earnings at their Own Occupation for any employer in the National Economy, and is unable to perform each of the material duties of their Own Occupation
Benefit and Premium Calculator: https://ryaninsurance.secure.force.com/FPALTDSTDCalc/#/