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Weekly Indemnity Insurance Plan

Employers have the option of providing their employees this plan.  If selected, all employees participate.  The Weekly Indemnity Plan compliments the Long Term Disability Plan and provides employees with an immediate weekly income should they become disabled as a result of injury or illness. Benefits may continue for a maximum 17 weeks, at which time an employee may become eligible for long term disability benefits.

 

Employers choose either a non-taxable or taxable option, 60% of salary non-taxable benefit or 70% of salary taxable benefit. To qualify for non-taxable benefits, the employees must pay the premiums.

  

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