VEHI/Unum Long-Term Disability
July 2, 2002
Same as VEHI Health and Dental Programs.
Minimum Hourly Requirements:
Minimum Unit Size:
Ten employees or greater. (A district may purchase through its SU)
Who Pays for Coverage:
The program is non-contributory for employees.
100% of eligible employees required.
90 continuous days of disability (calendar days).
The two most popular plans include: Plan A, 60% of monthly income; or Plan B, 66.67% of monthly income (decision made at the district level). Some districts may choose a different benefit structure.
Maximum Monthly Benefit:
$10,000. Payments may be reduced due to other sources of income.
Mental and Nervous Disorders:
24 month standard. Extended if hospitalized. Unlimited rider available.
Waiver of Premium:
Yes, once benefit begins for duration of covered disability.
Definition of Disability:
2-year "own-occupation," then "any gainful occupation."
Groups under 249 will be pooled. Groups of 250 or more will be experience rated
Rates will remain unchanged from July 1, 2002 to June 30, 2005.
Life Insurance Available:
Yes, if LTD is also purchased.