- Helping Insure Your Salary and Your Financial Security
- 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 coverage for the first time, Group Catastrophic Disability insurance offers a highly flexible, affordable plan.
Who Is Eligible?
Catastrophic Disability Insurance is available to IEEE members or employees of members in good standing, under age 55 and residing in the United States (except NV, OR, TX and VT). Applicants must be actively at work at least 20 hours per week and earning at least $12,000 a year. Spouses of insured members are eligible to apply for the Extended Disability Benefit only.
Protect Your Income
Catastrophic Disability Insurance provides an additional layer of disability coverage and provides protection from the financial hardships associated with severe disabilities. Catastrophic Disability Insurance coverage pays a monthly benefit for disabilities that result in the loss of two Activities of Daily Living or cognitive impairment - and fills the gap where other disability policies leave off. The benefit 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.
Maximum Monthly Benefit
Choose a maximum monthly benefit from from $1,000 to $10,000 in $100 increments.
Choose from four waiting period options: 60 days, 90 days, 180 days, 360 days.
Benefit Period Options
Choose between three benefit period options (benefits payable as follows)