SMALL GROUP
INSURANCE PLANS
2-50 Lives
LIFE & DISABILITY
USAble Life's Small Group Insurance Plans for Life & Disability offer Rutherford, NJ employers with 2 to 50 employees the opportunity to provide your employees a quality benefits package and maintain your bottom line.
Small group insurance plans are flexible and affordable, making it easier than ever to create a benefits plan that's as unique as you are. Whether you'd like to offer Group Term Life only, or create a comprehensive bundle that includes a Long Term Disability plan, we have you covered.
Small group insurance plans are flexible and affordable, making it easier than ever to create a benefits plan that's as unique as you are. Whether you'd like to offer Group Term Life only, or create a comprehensive bundle that includes a Long Term Disability plan, we have you covered.
MINIMUM PARTICIPATION
If the employer's contribution is 100% then there must be 100% employee participation. The minimum employer contribution is 25%.
If the employer's contribution is not 100% then:
• 2-3 Eligible Employees and 100% participation
• 4+ Eligible Employees and 75% participation
• 2-3 Eligible Employees and 100% participation
• 4+ Eligible Employees and 75% participation
CLASS DEFINITION
Small group insurance plans are limited to three classes with a minimum of two employees per class.
GUARANTEED ISSUE AMOUNT
All coverage is issued on a guaranteed issue basis. Late applications will be subject to evidence of insurability. Pre-Existing Conditions Exclusion applies to Disability.
LIFE AND AD&D HIGHLIGHTS
• 4 Employee Coverage Options
• $5,000 Spouse Coverage
• $2,000 Child Coverage
• $5,000 Spouse Coverage
• $2,000 Child Coverage
Standard Life Provisions
• Waiver of Premium
• Conversion Privilege
• Accelerated Death Benefit
• Waiver of Premium
• Conversion Privilege
• Accelerated Death Benefit
Standard AD&D Riders
• Seat Belt/Air Bag
• Coma
• Repatriation
• Exposure & Disappearance
• Seat Belt/Air Bag
• Coma
• Repatriation
• Exposure & Disappearance
DISABILITY HIGHLIGHTS
• 5 benefit options available
• Benefit plans that pay up to 60% of an employee's pre-disability earnings and max out at the benefit amount you choose.
• 180 Day Elimination Period
• 24-Month Own Occupation Definition of Disability
• 3/12 Pre-Existing Conditions Exclusion
• Occupational & Non-Occupational Types of Disability
• 24 Months of Benefits For Mental Health & Substance Abuse2
• Benefit plans that pay up to 60% of an employee's pre-disability earnings and max out at the benefit amount you choose.
• 180 Day Elimination Period
• 24-Month Own Occupation Definition of Disability
• 3/12 Pre-Existing Conditions Exclusion
• Occupational & Non-Occupational Types of Disability
• 24 Months of Benefits For Mental Health & Substance Abuse2
ENROLLMENT REQUIREMENTS
• Group Application
• Employee Census
• Prior Carrier LTD Policy/Certificate for Coverage Takeover Cases
• Employee Census
• Prior Carrier LTD Policy/Certificate for Coverage Takeover Cases
Choose the plan that works best for your employees.
SMALL GROUP INSURANCE PLANS
2-50 Lives
LIFE & DISABILITY
USAble Life's Small Group Insurance Plans for Life & Disability offer employers with 2 to 50 employees the opportunity to provide your employees a quality benefits package and maintain your bottom line.
Small group insurance plans are flexible and affordable, making it easier than ever to create a benefits plan that's as unique as you are. Whether you'd like to offer Group Term Life only, or create a comprehensive bundle that includes a Long Term Disability plan, we have you covered.
Small group insurance plans are flexible and affordable, making it easier than ever to create a benefits plan that's as unique as you are. Whether you'd like to offer Group Term Life only, or create a comprehensive bundle that includes a Long Term Disability plan, we have you covered.
MINIMUM PARTICIPATION
If the employer's contribution is 100% then there must be 100% employee participation. The minimum employer contribution is 25%.
If the employer's contribution is not 100% then:
• 2-3 Eligible Employees and 100% participation
• 4+ Eligible Employees and 75% participation
• 2-3 Eligible Employees and 100% participation
• 4+ Eligible Employees and 75% participation
CLASS DEFINITION
Small group insurance plans are limited to three classes with a minimum of two employees per class.
GUARANTEED ISSUE AMOUNT
All coverage is issued on a guaranteed issue basis. Late applications will be subject to evidence of insurability. Pre-Existing Conditions Exclusion applies to Disability.
LIFE AND AD&D HIGHLIGHTS
• 4 Employee Coverage Options
• $5,000 Spouse Coverage
• $2,000 Child Coverage
• $5,000 Spouse Coverage
• $2,000 Child Coverage
Standard Life Provisions
• Waiver of Premium
• Conversion Privilege
• Accelerated Death Benefit
• Waiver of Premium
• Conversion Privilege
• Accelerated Death Benefit
Standard AD&D Riders
• Seat Belt/Air Bag
• Coma
• Repatriation
• Exposure & Disappearance
• Seat Belt/Air Bag
• Coma
• Repatriation
• Exposure & Disappearance
DISABILITY HIGHLIGHTS
• 5 benefit options available
• Benefit plans that pay up to 60% of an employee's pre-disability earnings and max out at the benefit amount you choose.
• 180 Day Elimination Period
• 24-Month Own Occupation Definition of Disability
• 3/12 Pre-Existing Conditions Exclusion
• Occupational & Non-Occupational Types of Disability
• 24 Months of Benefits For Mental Health & Substance Abuse2
• Benefit plans that pay up to 60% of an employee's pre-disability earnings and max out at the benefit amount you choose.
• 180 Day Elimination Period
• 24-Month Own Occupation Definition of Disability
• 3/12 Pre-Existing Conditions Exclusion
• Occupational & Non-Occupational Types of Disability
• 24 Months of Benefits For Mental Health & Substance Abuse2
ENROLLMENT REQUIREMENTS
• Group Application
• Employee Census
• Prior Carrier LTD Policy/Certificate for Coverage Takeover Cases
• Employee Census
• Prior Carrier LTD Policy/Certificate for Coverage Takeover Cases
No deposit check required.
CHOOSE THE PLAN THAT WORKS BEST FOR YOUR EMPLOYEES
