Long Term Disability Insurance *
If elected, Long Term Disability begins after the first 180 days of disability. MAPMG offers a choice of two Long Term Disability plans through The Hartford which you pay for on an after-tax basis. Benefits received during periods of disability are tax-free.
Option A provides a monthly benefit of 60% of your monthly base salary, up to $20,000, if you cannot perform in your own specialty. Benefits are also subject to a 3% cost of living adjustment every year.
As an alternative and at a lower cost, Option B provides a monthly benefit of 60% of your monthly base salary, up to $20,000, if you cannot perform in your own specialty, for the first 36 months of disability. After 36 months, you will continue to be considered disabled only if you cannot perform the material duties of any occupation you are suited to perform based on your training, education and experience. There is no cost of living adjustment.