The Prudential Insurance Company of America (Prudential) is the underwriter for SAMBA’s Long Term Disability (LTD) plan. Prudential, one of the largest disability insurers in the United States was founded more than 150 years ago, has over 75 years in the Association Market, and has an AM Best Rating of A+.
Available only to permanent full-time active federal employees.
You are eligible to enroll if you are under age 62, are actively at work as a permanent full-time employee of a federal agency, and reside in the U.S. at the time of enrollment.
The Plan will pay 65% of your monthly earnings but not more than the Maximum Monthly Benefit amount.
Your benefits begin the day after the Elimination Period of 60 days is completed.
To age 62. If your disability begins at age 61, benefits continue for 12 months.
If you die while collecting monthly benefits, a survivor benefit will be paid to your beneficiary.
Benefits continue if you return to work on a reduced schedule.
Coverage is based on your salary.
– Biweekly premium
– Monthly premium
Group Insurance coverages are issued by The Prudential Insurance Company of America, a Prudential Financial company, Newark, NJ. The Booklet-Certificate contains all details, including any policy exclusions, limitations, and restrictions, which may apply. If there is a discrepancy between this document and the Booklet-Certificate/Group Contract issued by The Prudential Insurance Company of America, the Group Contract will govern. In Washington, the controlling document is the Certificate, not the Contract. Contract Series: 83500
This policy provides disability income insurance only. It does NOT provide basic hospital, basic medical, or major medical insurance as defined by the New York State Department of Financial Services.
THIS IS AN EXCEPTED BENEFITS POLICY. IT PROVIDES COVERAGE ONLY FOR THE LIMITED BENEFITS OR SERVICES SPECIFIED IN THE POLICY.
North Carolina Residents: THIS IS NOT A MEDICARE SUPPLEMENT PLAN. If you are eligible for Medicare, review the Guide to Health Insurance for People with Medicare, which is available from the company.
1091917-00001-00
