IBEW Rail Income Protection
Continue getting paid if you can’t work due to illness, injury, surgery or death!
PLAN INFORMATION OVERVIEW
– Short Term Disability (STD) pays for up to 48 weeks
– Long Term Disability (LTD) pays for 2 or 5 years
– Life Insurance w/ AD&D for Member, Spouse, and/or Child(ren)
No medical tests, questions, or underwriting to enroll; no active working, full dues paying Member of IBEW Rail can be denied coverage!
Additional Plan Details
SHORT-TERM DISABILITY (STD)
- Pays a flat weekly benefit of $250, $500, $750 or $1,000.
- Pays after a 30 day elimination period.
- Benefit cannot exceed 60% of pre-disability earnings.
- Stackable with your other disability benefits up to 100% of your pre-disability earnings.
- Pays for on and off the job disabilities for covered injuries, surgeries or illnesses.
- Benefits are paid-tax free.
- Pre-existing conditions are covered after 12 months.
LONG-TERM DISABILITY (LTD)
- Pays a flat monthly benefit of $2,000 for up to 2 or 5 years.
- Stackable with your other disability. benefits up to 70% of your pre-disability earnings.
- Pays for on and off the job disabilities for covered injuries, surgeries or illnesses.
- Pays after a 365 day elimination period.
- Monthly benefits are non-taxable.
- Pre-existing conditions are covered after 12 months.
LIFE INSURANCE WITH ACCIDENTAL DEATH & DISMEMBERMENT (AD&D)
- Guaranteed approved coverage for Member, spouse, and children—NO Pre-existing Condition Limitations.
- Benefit doubles if death is caused by an accident.
- Members can get up to $200,000 in coverage (in $10,000 increments).
- Spouses can get up to $50,000 (in $5,000 increments).
- Child(ren) eligible for a flat $10,000 of coverage.