Nemours offers LTD insurance to associates through Reliance Matrix (moving to Lincoln Financial in 2025). Contributions are taken on a post-tax basis. LTD insurance offers income protection for disabilities caused by illness, accident or injury. All LTD plans include a pre-existing condition limitation. Newly elected changes will be subject to a pre-existing condition limitation.
| Provisions | LTD Plan 1 | LTD Plan 2 | LTD Plan 3 |
|---|---|---|---|
| Eligibility | All Benefits-Eligible Associates | All Benefits-Eligible Associates | All Benefits-Eligible Associates |
| Elimination Period | 90 Days | ||
| Benefit Duration | Up to Social Security Normal Retirement Age. If you become disabled after this age, there is a reduced benefit. | ||
| Benefit Percentage | 50% | 60% | 60% |
| Monthly Maximum | $10,000 | $12,000 | $15,000 |
| Own Occupation Duration | 24 Months Own Occupation | 24 Months Own Occupation | Own Occupation to Social Security Normal Retirement Age |