Short Term Disability

Crutches against a wallWe all count on a regular paycheck. After all, the mortgage or rent comes due each month. And utilities, day care and other expenses don't go away — even if you get sick and can't work.

About the Plan

That's the beauty of a Short Term Disability (STD) plan from Companion Life. If you get sick or hurt and can't go to work, you can still draw an income to pay your bills and put food on your table.

Companion Life's STD plans are available to small employer groups without the requirement of any other coverage. Our STD plans replace 60 percent of an employee's weekly earnings, up to a maximum benefit of $1,000 per week.

Benefits begin on the first day of a disability if it is thee result of an accident. Benefits start on the eighth day of a disability due to an illness.

Benefits continue for either 13 or 26 weeks, depending on the plan the employer chooses. If the illness or injury recurs less than 30 consecutive days after the employee returns to active full-time work, it is not necessary to begin a new benefit period. Our STD plans pay benefits only for disabilities resulting from non-occupational accidents or illnesses.

Maternity Benefit

Companion Life's STD plans even cover maternity as we would an illness. Benefits begin on the eighth day of disability.

Pre-Existing Conditions Limitations

There are no pre-existing condition limitations.

Percent of Earnings Plan

All employees receive an amount of STD benefit equal to 60 percent of their weekly earnings rounded to the next $1, to a maximum not to exceed $1,000 per week.

Employee Eligibility

Employees meeting all these requirements are eligible for coverage:

  • 30 days of continuous service with that employer
  • Full-time employment (i.e. working 30 or more hours per week)
  • Work 15 of the 20 working days prior to the effective date of coverage
  • Actively at work on the effective date of coverage

Participation and Evidence of Insurability

Please refer to our brochure for details.

Contact us to learn more about eligibility, participation and evidence of insurability.