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ConsecoWage GuardSM Short-term Disability
Short-term disability coverage is a benefit that many employees have come to expect as a part of their voluntary benefit package. Providing them with access to income protection not only promotes goodwill, but also makes good business sense.
And, with two simple plan options, employers can choose the level of coverage that’s right for their employees.
Key benefits
- Weekly benefit amounts up to $1,700
- Guaranteed issue up to $700 per week
- Benefit periods of 13, 26, 52 or 104 weeks
- Section 125 compatible
- Elimination period: choice of 0/7, 7/7, 14/14 (30/30 or 90/90 with limited availability)
- Non-occupational and 24-hour coverage
- Partial disability benefits of 50% for up to 13 weeks
- Benefits for mental illness, drug/alcohol abuse (52-week lifetime maximum)4
- Survivor benefits available
- Continuity of coverage on take-over business
- Waiver of premium
- Benefits are paid on a weekly basis.
- Employer rates are guaranteed for 2 years.
Downloads
Wage Guard (PDF)
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Products are underwritten by Conseco Health Insurance Company, Conseco Insurance Company and Coventry Health Care.
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