Benefits Offered by the Plan:
If you become disabled:
Disability Income Protection Benefit: This plan provides a monthly income benefit to protect you and your family against financial hardship. The plan will pay up to 65% of your Covered Salary Amount.
Survivor Benefit: In the event your untimely death occurs while you are collecting monthly income benefits, a benefit equal to 50% of the amount you were eligible to receive at the time of your death will be paid to your beneficiary. Survivor benefits will continue for 10 years, or until you would have reached age 65, whichever is less.
Residual Disability Benefit: If you receive monthly income benefits for at least 30 days, and then return to work on a reduced work schedule, you will be paid 35% of your monthly benefit up to 90 days or until you return to full-time work, whichever is earlier.
If you or a dependent are hospitalized:
Hospital Confinement Benefit: For each day you or a covered family member is confined in a hospital, the plan pays a daily benefit: 70% of the daily Covered Salary Amount for you or your spouse, and 35% if your dependent child is hospitalized.
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