ESI International provides basic long and short term disability through Great-West Life insurance at no cost to full-time and part-time (20 hours or more per week) employees. Eligibility for STD and LTD insurance begins on the first of the month following thirty (30) days of employment.
Short-Term Disability
- 66.67% of monthly income
- $500/week non-evidence maximum
- $950/week overall maximum
- Coverage from 1st day for accidents & hospitalization, 8th day for illnesses
- 119-day benefit period
- Taxable
Long-Term Disability
- 66.67% of monthly income
- $2,000/month non-evidence maximum
- $5,000/month overall maximum
- 120-day waiting period
- Benefits to age 65
- Taxable
Life Insurance/Accidental Death and Dismemberment
ESI International provides group life insurance in the amount of 1.5 times annual earnings for full-time employees and part time employees who work more than 20 hours per week, at no cost to the employee.
Life Insurance |
1.5X annual earnings $110,000 non-evidence maximum $750,000 overall maximum Coverage reduces by 50% at age 65 Coverage terminates at age 71 Includes conversion privilege up to $300,000
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AD&D |
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| Dependent Life |
$10,000 for spouse - $5,000 for each child (from birth)
- Cost to employee: $1.44 per pay
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