If you’ve never considered disability income insurance before, you may wonder why you may need it now, especially if you’re young and healthy. But most professionals, at all career stages, at all income levels, need solid disability income insurance protection. The IMA Group Disability Income Insurance Plan can help you protect your earning capacity.
Chances are, you already protect your important assets such as your house. Your health insurance can only cover your medical expenses; it can’t provide a regular source of income. Why not help protect a significant asset — your ability to earn an income or "your earning capacity"?
Don't let a disability threaten your income. Disability insurance should be an essential part of everyone's portfolio.
*This is a listing of insurance plan highlights only.
This plan is underwritten by The United States Life Insurance Company in the City of New York, NAIC No. 70106, domiciled in the state of New York with a principal place of business of 175 Water Street, New York, NY 10038. It is currently authorized to transact business in all states plus DC, except PR.
Policies are issued by The United States Life Insurance Company in the City of New York (US Life). Issuing company US Life is responsible for the financial obligations of insurance products and is a member of American International Group, Inc. (AIG) Products may not be available in all states and product features may vary by state. Group Policy No. G-127,728, Form No.G-19000.
This summary is a brief description of benefits only and is subject to the terms, conditions and limitations of group Policy.
Answers about the plan, including eligibility, options, enrollment, customer service and more.
If a disabling accident or illness suddenly took away your ability to work and as a result also took away your ability to earn a paycheck ... how would you continue to afford the living expenses you must now pay? With the Group Disability Income Insurance Plan sponsored by your association, your income would continue in the form of a monthly benefit that you select.
YOU CAN SELECT YOUR MONTHLY BENEFITS
Your monthly benefit can range from $400 to $5,000 (in $100 increments).
The waiting period is a specified amount of time (for example, 30 days), beginning with the onset of the disability, during which benefits are not payable. You select a waiting period when you apply for your disability insurance coverage. You can choose between the following waiting periods through this program: 30 days, 60 days, or 180 days.
The benefit period is the amount of time (for example, 5 years) for which disability benefits will be paid. You select a benefit period when you apply for your disability insurance coverage. You can choose between the following benefit periods through these programs: Career Plan – To Age 65 or Five Year Plan – 5 Years.
Your premium is based on your age, the monthly disability benefit you request plus the waiting period and benefit period. A shorter benefit period results in more economical premiums, as does a longer waiting period.
Issuance of this policy is handled over the internet and the mail. You can review the materials in the privacy of your home and purchase your policy directly through the mail without meeting with an agent. You can, of course, talk to a licensed representative if you'd like. Please click the Contacts section for the toll-free number.
A person must request insurance in writing, by completing the application. If approved, the person will be insured following acceptance of the application, provided the required premium is paid. The person must be actively at work on the date the insurance is to take effect. If not, the insurance will take effect on the day the person returns to work.
A person’s insurance will end at the earliest of: the date the group policy ends; the end of the period for which the last premium has been paid by him/her; the premium due date coinciding with or next following the date membership ends; the end of the month in which the person ceases full-time employment; or the premium due date coinciding with or next following the date the person attains age 70.
Once approved, you will be sent your Certificate of Insurance. You will have 30 days from the date of receipt to review the certificate. If you are not satisfied with the terms of the certificate, simply return it to the Insurance Administrator and any premiums paid will be refunded in full.
12421 Meredith Drive
Urbandale, IA 50398
7:30 am to 4.30 pm M-F (Central)
United States Life
3600 Route 66
Neptune, NJ 07754-1580
Details of Mercer disclosure of the compensation.