Benefits for 2022 Life Insurance & Disability SUMMARY OF COVERAGE Employer-Paid Basic Life Insurance Disability Insurance Plan Features Short-Term Disability Coverage Amount 60% of your weekly pre-disability Employee Benefit Amount 1x your annual salary earnings Maximum Benefit Amount $2,000 per week Maximum Benefit Amount $150,000 Elimination Period 15 days Guaranteed Issue $150,000 Benefit Duration Up to 24 weeks The following shows how much benefits are reduced at certain Long-Term Disability ages: Coverage Amount 60% of your monthly pre- Age Band Benefit Reduction disability earnings Maximum Benefit Amount $5,000 per month 65 35% Elimination Period 180 days 70 15% Benefit Duration To Normal Social Security Retirement Age 2022 Employee Benefit Guide This booklet provides only a summary of your benefits. All services described within are subject to the definitions, limitations, and exclusions set forth in each insurance 13 carrier or provider’s contract.