Voluntary Long-Term Disability (LTD)

Nemours offers LTD insurance to associates through NY Life. Contributions are taken on a post-tax basis.

LTD insurance offers income protection for disabilities caused by illness, accident or injury. All benefits are subject to carrier approval. There are two plans offered to all. Note that Plan 3 is available only to associates earning more than $70,000 annually.

All LTD plans include a pre-existing condition limitation. Newly elected plans or plan 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 Associates earning over $70,000 annually
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 $12,000
Own Occupation Duration 24 Months Own Occupation 24 Months Own Occupation Own Occupation to Social Security Normal Retirement Age