Group LTD Insurance is designed to pay a monthly benefit to you in the event you cannot work for six months or longer because of a covered illness or injury. This benefit replaces a portion of your income, helping you to meet your financial commitments in a time of need.
Watch a video about how Group LTD Insurance can help provide more financial security for your loved ones.
Choose the Benefit Level for Your Needs:
- 65% Option
- Replace up to 65% of the first $15,385 of your monthly base salary to a maximum of $10,000 per month, reduced by deductible income (e.g., work earnings, workers’ compensation, state disability, etc.)
- 55% Option
- Replace up to 55% of the first $18,182 of your monthly base salary to a maximum of $10,000 per month, reduced by deductible income (e.g., work earnings, workers’ compensation, state disability, etc.)
Benefit Waiting Period: Benefits become payable after a six-month waiting period during which you are continuously disabled.
Maximum Benefit Period: If you become disabled before age 62, Group LTD benefits may continue during disability until age 65 or to the Social Security Normal Retirement Age (SSNRA) or 3 years, 6 months, whichever is longest. Depending on your age at the time of disability, your benefits may be subject to a different schedule. Refer to your Employee Benefits Guide or Group LTD Insurance Certificate for specifics.
Minimum Benefit: $100 or 15% of your Group LTD benefit, whichever is greater.
Additional Features:
- Survivors Benefit
- If you've been receiving Group LTD benefits for at least 180 days and die while benefits are payable, your survivors are eligible to receive a lump-sum payment equal to six times your monthly benefit, without reduction by deductible income.
- Dependent Education Benefit
- If you have a dependent under the age of 22 attending an accredited post-secondary school on a full-time basis while you are disabled, you'll receive an additional $150 per month for up to 48 months for each child.
- Family Care Expenses Adjustment
- If you incur child or elder care expenses as a result of your participation in an approved rehabilitation plan, your benefit payment may be adjusted. You can receive up to $250 per family member, subject to a total monthly maximum of $500, for up to 24 months to offset the cost of care for your child, spouse, grandparent, sibling or another close family member residing in your home who is handicapped and depends on you for support.
- Conversion
- You may have the option to obtain LTD conversion insurance after the termination of your insurance, if you meet the requirements defined by the group policy.
Continuation Options
As an insured member under the State of California's Group LTD policy, you may be eligible to continue your coverage in certain circumstances as described below.
24-month Direct Pay for LTD Insurance
Under the provisions of the Group LTD Insurance coverage provided by The Standard, you may have the right to continue your coverage for up to 24 months if you cease to be eligible due to a classification change. If you wish to continue your coverage, you must make the election to continue your insurance within 60 days following the date you cease to be a member. If you do not apply to continue your insurance during that 60-day period, your insurance will be deemed to have ended on the date you ceased to be a member. If you apply to continue your insurance during that 60-day period, your coverage will be retroactive to the date you ceased to be a member.
Premium is due on or before the first day of each calendar month, and is paid directly to The Standard. If you do not pay a premium before its due date, you may pay the premium during the following 60-day grace period. If you do not pay the premium during the 60-day grace period, your insurance will terminate at the end of the grace period.
To apply to continue your coverage, please complete the Request for LTD 24-Month Direct Pay Coverage form. Please call The Standard toll-free at 888.641.7193 if you have questions or would like premium information.
Conversion of LTD Insurance
You may be eligible to convert your coverage to an individual insurance policy if all the following conditions are met at the time your insurance ends:
- Your insurance ends for a reason other than:
- Termination or amendment of the group policy;
- Your failure to make a required premium contribution; or
- Your retirement.
- You were continuously insured under the State of California's Group LTD Insurance plan for at least one year as of the date your insurance ended;
- You are not disabled on the date your insurance ends;
- You are a citizen or resident of the United States or Canada;
- You apply in writing and pay the first premium for the individual disability income policy within the 31 days after your insurance ends.
The effective date of the individual disability income policy will be the day after your insurance ended under the Group LTD policy.
LTD Conversion insurance is not a continuation of your insurance under the Group LTD Insurance policy which State of California has with The Standard. It is a separate and distinct policy which may provide different benefits, exclusions, limitations and reductions than those provided under your group policy. See your Group LTD Insurance Certificate for specific details about the conversion provision.
To apply or receive LTD Conversion materials, please complete the Request for LTD Conversion Materials form. Please call The Standard toll-free at 888.641.7193 if you have questions or would like premium information.
This policy has exclusions, limitations and terms under which the policy may be continued in force or terminated. The amount of benefits provided depends on the option selected. Premium will vary according to the selection made. Please contact The Standard for additional information, including costs and complete details of coverage.
The Standard is a marketing name for StanCorp Financial Group, Inc. and subsidiaries. Insurance products are offered by Standard Insurance Company of Portland, Oregon, in all states except New York, where insurance products are offered by The Standard Life Insurance Company of New York of White Plains, New York.
