Disability Insurance

 

Do I need Disability Insurance?

 

What would happen if you became disabled and couldn’t work? How long would you be
able to pay your mortgage or rent, car payment and everyday living expenses? Today,
many people neglect to financially protect themselves from the devastating impact of a
longterm disability. Disability insurance from Transamerica Life Insurance Compay,
pays you cash benefits when you’re sick or hurt and can’t work.

 

Am I Eligible for Disability Coverage?

To be eligible for disability coverage, you must be an active member of the National
Rural Letter Carriers’ Association, working 20 hours per week, and able to perform all
normal duties of your job.

 

Dependent insurance (for your spouse and/or children) may also be available, but only
when you, as the member, also select coverage for yourself.

 

Will I need to answer health questions for disability coverage?

If you do not enroll on or before the end of your initial enrollment period and wish to apply
for coverage at a later date, Evidence of Insurability will be required. Your coverage
will be effective the first day of the month coinciding or following the date Transamerica
approves the coverage.

 

When am I considered disabled?

Disability and disabled mean that because of an injury or illness, a significant change in
your mental or functional abilities has occurred, for which you are prevented from performing at least one of the material duties of your regular occupation.

 

When will my disability benefits begin?

If you become disabled, your disability benefits become payable after you have been continually disabled for:

 

Option 1 (1 year benefit period): 14 days

Option 2 (2 year benefit period): 30 days

 

How much is the disability benefit amount?

 

Your benefit is equivalent to 60% of your before-tax monthly earnings, not to exceed the plan’s maximum monthly benefit amount, less other income sources.

 

Maximum Monthly VLTD Benefit
Option 1:  $3,000
Option 2:  $3,000

 

Minimum Monthly VLTD Benefit
Option 1: $100
Option 2: $100

 

How long are disability benefits payable?

Either 1 or 2 years based on the plan your selected.

 

When do disability benefits end?

Coverage for you ends on the earliest of:

 

• The date the policy or plan is cancelled;

• The date you are no longer in an eligible group;

• The date your eligible group is no longer covered;

• The last day of the period for which you made any required contributions;

• The last day you are actively employed;

• The day before you enter the armed forces on active duty; or

• The day you do not satisfy any other eligibility conditions as described in your certificate

 

What if I do not have a self-addressed return envelope?

 

Please return all enrollment forms to:

 

NRLCA Benefit Center
PO Box 8633
Madison, WI 53708-8633

 

How do I file a disability claim?

For complete instructions visit the How to File a Claim section on this web site. It will direct you on who to call and where you can download the forms.

 

Can I make changes to my disability coverage?

If you experience a family status change during the year, you may be able to increase your coverage or add a dependent without evidence of insurability - if your request is received within 60 days of the family status change. If your request is submitted more than 60 days from the date of the family status change, you will be required to submitEvidence of Insurability (answer health questions).

In most cases, you may only increase your coverage or add dependent coverage if the increase or addition is consistent with the family status change.