Illinois Mutual offers life insurance, annuity, and disability insurance solutions for middle America, gives competitive compensation and incentives, provides personalized sales service, supplies free targeted marketing materials, and gives you direct access to underwriters.
Short Term Disability Insurance provides a benefit if you become sick or hurt and unable to work so that you can still afford to pay your bills while you recover.
By purchasing short term disability insurance through your workplace, you benefit from liberalized underwriting techniques and are not required to have a medical exam.
Premiums are payroll deducted, so you don't have to worry about receiving an extra bill each month. And, because you own the policy, the coverage is portable, so you can take it with you if you leave your job.
How does it work?
If you become sick or hurt and unable to work, short term disability insurance begins paying benefits, depending on the terms of your contract. This benefit is a portion of what your typical paycheck would be (up to 60%), and can be used to pay bills, buy groceries and fund other necessary expenses while you recover. Depending on your policy, benefits will be paid for 3 months to 60 months2 with a wide selection of accident and sickness elimination periods, giving you time to focus on getting better instead of worrying about how to make ends meet.
Plus, with Short Term Disability through your workplace, our waiver of premium is included at no additional cost. This means that if the insured is disabled for longer than 90 days, Illinois Mutual will waive premium payments until recovery or the end of the benefit period.
Illinois Mutual's STD is simple, easy to understand, affordable coverage that protects you from the unpredictable.
Benefits
•Affordable, flexible coverage designed to fit your budget and personal needs
•Liberalized underwriting makes it easy for you to obtain coverage
•Convenient payroll deduction of premiums
•You can take your policy with you if you switch jobs
•Guaranteed renewable until age 72
•Peace of mind - You have income coming in if you are disabled
Who's Eligible?
•Employees age 17 to 64 who are actively at work for a minimum of 20 hours per week.