Disability

Disability insurance can keep you financially stable should you become disabled and unable to work. It can help provide a sense of security, knowing that if the unexpected should happen, you’ll still receive a monthly income.

Things To Know About LTD Insurance

  • It can protect you from having to tap into your retirement savings.
  • You can use LTD benefits however you need, for housing, food, medical bills, etc.
  • Benefits can last a long time―from weeks to even years―if you remain eligible.

LTD Benefits Cushion The Financial Impact of a Disability

Long-Term Disability (LTD) insurance replaces part of your income for longer term issues such as:

  • Debilitating illness (cancer, heart disease, etc.)
  • Serious injuries (accident, etc.)
  • Heart attack, stroke
  • Mental disorders

If you qualify, payments may be reduced by state, federal, or private disability benefits you receive while disabled. San Francisco Symphony pays the cost of this coverage.

Long-Term Disability (LTD)

  • You are eligible to receive LTD benefits after 90 days of disability.

  • Replaces up to 66 2/3% of your eligible income, up to a maximum of $12,000 per month until you recover or reach your Social Security Normal Retirement Age, whichever is sooner.