How would you make ends meet if a devastating accident or illness left you needing help with basic activities like getting dressed or eating?

In instances like this, the portion of your previous income that you’d receive from any other disability coverage (whether it’s an employer plan or disability insurance you bought on your own) just might not be enough. That’s because ongoing monthly bills — paired with disability–related costs like private nursing care and medical co–pays — could quickly eat through your savings.

But with IEEE’s Catastrophic Disability Insurance, you could collect as much as 100% of your previous income (up to $10,000 a month). Catastrophic Disability Insurance pays a benefit for disabilities that result in the loss of two Activities of Daily Living or cognitive impairment. Catastrophic Disability insurance fills the gap where other disability policies leave off. The product’s payments are not offset by any in–force disability plan, Social Security or Workers Comp benefits.

Features include rehabilitation services to assist you in returning to work; waiver of premium, survivor benefits and transplant benefit. IEEE members under age 55 are eligible.
 

Key Features

• Helping Insure Your Salary and Your Financial Security
• Provides Up To 100% Income Replacement
• Benefits Paid Regardless Of Social Security Or Workers’ Compensation
• Choose from Three Benefit Period Options
• Choose Among Four Waiting Period Options
• Optional Extended Disability Benefit
• Survivor Benefit
• Waiver of Premium while Disabled
• Rehabilitation Assistance
• Transplant Benefit

Added Financial Security For Your Family
Whether you currently have some disability income protection and wish to increase your coverage, or you’re purchasing a policy for the first time, IEEE Catastrophic Disability insurance offers a highly flexible, affordable income replacement plan.

Who Is Eligible?
Catastrophic Disability Insurance is available to IEEE members in good standing, under age 55 and reside in the United States (except NV, OR, TX and VT). Applicants must be actively at work at least 20 hours per week and earn at least $12,000 a year. Spouses of members are eligible to apply under the member’s policy for the Extended Disability Benefit only.

Protect Up To 100% Of Your Income
Catastrophic Disability Insurance Plan provides an additional layer of disability coverage and provides protection from the financial hardships associated with severe disabilities. Catastrophic Disability Insurance coverage pays a benefit for disabilities that result in the loss of two Activities of Daily Living or cognitive impairment. Catastrophic Disability Insurance provides up to 100 percent income replacement (max $10,000 per month) and fills the gap where other disability policies leave off. The product’s payments are not offset by any in–force disability plan, Social Security or Workers Comp benefits.

Benefits are provided regardless of Social Security or Workers’ Compensation. The policy also offers return–to–work incentives where appropriate, such as rehabilitation, worksite modification, and continuing benefits if you are still disabled, as defined by the plan.

Elimination Periods
Choose from four waiting period options: 60 days, 90 days, 180 days, 360 days.

Benefit Period Options
Choose between three benefit period options, with benefits payable as follows:

To Age 65 Benefit Period: Benefits are payable to the later of:

• the certificate renewal date immediately after age 65, or
• a 12 month minimum benefit

5-Year Benefit Period: Benefits are payable for 60 months but not beyond the later of:

• the certificate renewal date immediately after age 65 or,
• a 12 month minimum benefit

10–Year Benefit Period: Benefits are payable for 120 months but not beyond the later of:

• the certificate renewal date immediately after age 65 or,
• a 12 month minimum benefit

IMPORTANT FEATURES OF THE PLAN

Optional Extended Disability Benefit
The optional Extended Disability benefit rider offers an additional lump sum benefit of $10,000 to $100,000, payable for disabilities that result in the loss of two Activities of Daily Living or cognitive impairment.

Survivor Income Continuation Benefit
A three month lump sum benefit is payable to your eligible survivor or your estate, if you die after six months of continuous disability during which you received or were entitled to receive benefits under the plan.

Waiver of Premium While Disabled
If You are Catastrophically Disabled while covered under the Policy for the duration of Your elimination period; we will waive any further premiums becoming for Your coverage up to 24 months.

Rehabilitation Assistance
Rehabilitation services are available to assist you in returning to work. Participation in this program is voluntary.

BASE RATES PER $100 QUARTERLY BENEFIT

Age Band	60 Day Waiting Period	90 Day Waiting Period	180 Day Waiting Period	360 Day Waiting Period
TEN YEAR BENEFIT PERIOD
Under 30	$1.59	$1.50	$1.41	$1.32
30–34	1.68	1.59	1.50	1.41
35–39	1.98	1.86	1.74	1.62
40–44	2.31	2.13	1.98	1.83
45–49	3.06	2.82	2.61	2.40
50–54	4.05	3.72	3.42	3.09
55–59	6.03	5.52	5.04	4.53
60–64	9.18	8.28	7.47	6.48
65–69	24.15	21.63	19.38	16.56
Note: The premiums will increase on the renewal date coinciding with or next following the date you enter a new age bracket.

Age Band	60 Day Waiting Period	90 Day Waiting Period	180 Day Waiting Period	360 Day Waiting Period
FIVE YEAR BENEFIT PERIOD
Under 30	$1.02	$.96	$.90	$.84
30–34	1.11	1.02	.96	.90
35–39	1.26	1.17	1.11	1.02
40–44	1.53	1.41	1.32	1.20
45–49	2.07	1.92	1.80	1.59
50–54	2.91	2.67	2.43	2.16
55–59	4.41	3.99	3.63	3.21
60–64	9.18	8.28	7.47	6.48
65–69	24.15	21.63	19.38	16.56
Note: The premiums will increase on the renewal date coinciding with or next following the date you enter a new age bracket.

About This Plan Information
This Plan Information contains a partial description of some of the principal provisions and definitions of the proposed insurance coverage. The complete terms, conditions, and limitations are set forth in the group policy issued by the insurance company.

This Plan is subject to rate changes on any policy anniversary or premium renewal date and on any date on which benefits are changed. Changes in coverage or other plan provisions can only be made upon agreement between Unimerica Insurance Company and the Plan Trustee.