Calculators
- You may wish to provide the Needs Estimator to your employees. They can use this tool to estimate how much disability income protection they should have.
Long Term Disability (LTD) insurance is designed to pay a monthly benefit to an employee who cannot work because of a covered illness or injury. Standard Insurance Company provides LTD insurance to eligible employees of companies through Printers' Disability Trust.
If an employee's LTD claim is approved by The Standard, LTD benefits become payable at the end of the benefit waiting period. No benefits are payable during the benefit waiting period. The monthly LTD benefit is based on the employee's earnings from his or her employer. Depending on the plan design you select for your employees, the amount of monthly LTD benefit can vary.
All LTD plans provide the following features and services.
- 24 hour coverage, including coverage for work-related disabilities
- Survivor Benefit
- Return to Work Responsibility and Incentive
- Temporary Recovery Provision
LTD Product Options
PDT offers all levels of coverage to meet a variety of employer needs. The chart below and the Benefits at a Glance documents provide details on the various plans available and how they differ. Please review the Benefits at a Glance for each plan and the Group Long Term Disability Brochure for more details.
Monthly Benefits |
Max Benefits |
Benefit Waiting Period |
Max Benefit Period |
|---|---|---|---|
| Plan A - Benefits at a Glance | |||
| Under 10 Lives 60 percent of the first $5,000 of monthly predisability earnings Over 10 Lives 60 percent of the first $10,000 of monthly predisability earnings |
Under 10 Lives $3,000 Over 10 Lives $6,000 |
90 days | Disabled before age 62, benefits may continue until the SSNRA. Disabled at age 62 or older, the benefit duration is determined by the age when disability begins. |
| Plan B - Benefits at a Glance | |||
| Under 10 Lives 60 percent of the first $5,000 of monthly predisability earnings Over 10 Lives 60 percent of the first $10,000 of monthly predisability earnings |
Under 10 Lives $3,000 Over 10 Lives $6,000 |
180 days | Disabled before age 62, benefits may continue until the SSNRA. Disabled at age 62 or older, the benefit duration is determined by the age when disability begins. |
| Plan C - Benefits at a Glance | |||
| 50 percent of the first $6,000 of monthly predisability earnings | $3,000 | 90 days | 5 years |
| Plan D - Benefits at a Glance | |||
| 50 percent of the first $6,000 of monthly predisability earnings | $3,000 | 180 days | 5 years |
| Plan E - Benefits at a Glance | |||
| 50 percent of the first $6,000 of monthly predisability earnings | $3,000 | 90 days | 2 years |
| Plan F - Benefits at a Glance | |||
| 50 percent of the first $6,000 of monthly predisability earnings | $3,000 | 180 days | 2 years |
| Plan G - Benefits at a Glance | |||
| 60 percent of the first $10,000 of monthly predisability earnings | $6,000 | 30 days | 2 years |
| Plan H - Benefits at a Glance | |||
| 60 percent of the first $10,000 of monthly predisability earnings | $6,000 | 60 days | 2 years |
| Plan I | |||
| 66 2/3 percent of the first $15,000 of monthly predisability earnings | $10,000 | 90 days | Disabled before age 62, benefits may continue until the SSNRA. Disabled at age 62 or older, the benefit duration is determined by the age when disability begins. |
Managed Plans:
The Managed Plans provide a more economical option for disability coverage, as they are a blend of Short Term and Long Term Disability provisions. Please review the Benefits at a Glance for each plan and the Group Managed Disability Brochure. In addition, to learn about two other options with shorter duration periods and lower maximum monthly benefits, please review the Group LTD and Managed Plan Brochure.
Monthly Benefits |
Max Benefits |
Benefit Waiting Period |
Max Benefit Period |
|---|---|---|---|
| Managed Plan A - Benefits at a Glance | |||
| 60 percent of the first $16,667 of monthly predisability earnings | $10,000 | 90 days | Disabled before age 62, benefits may continue until the SSNRA. Disabled at age 62 or older, the benefit duration is determined by the age when disability begins. |
| Managed Plan B - Benefits at a Glance | |||
| 50 percent of the first $6,000 of monthly predisability earnings | $10,000 | 90 days | 5 years |
| Managed Plan C - Benefits at a Glance | |||
| 50 percent of the first $6,000 of monthly predisability earnings | $10,000 | 90 days | 2 years |
To learn more about the Printers' Disability Trust plans and the coverages available through The Standard, please review the Long Term Disability Certificate of Insurance and then contact Pat Harris at PDT office at 800.342.5799 or email pdtins@aol.com