14 / 20
11
Age Band
Employee/Spouse
Rate per $1,000 of
Coverage
Under 30
$0.04
30-34
$0.05
35-39
$0.06
40-44
$0.10
45-49
$0.15
50-54
$0.24
55-59
$0.39
60-64
$0.56
65-69
$0.90
70+
$1.70
AD&D
$0.02
Child Life
$0.27
VOLUNTARY SHORT-TERM DISABILITY
Short-Term Disability is intended to protect your income for a short duration in case you become ill or injured. After a 7
day waiting period for an illness or injury, you are eligible to receive 60% of your weekly income to a maximum of $1,500
per week through Mutual of Omaha. The maximum benefit period is
25 weeks. (The weekly
income benefit is subject
to a 3/6 pre-existing
condition limitation.) The
rate for this benefit is
based on your age.
Rates will vary by age. Please refer to the charts below. Rates for spousal coverage are based on the employee’s age.
$50,000
Elected
Coverage
÷ 1,000 =
50
Units
X
$0.12 Rate
* See Note
=
$6.00
Monthly Cost
*The premium calculation is based upon the life rate for an employee
age 45 and incudes the AD&D rate of $0.02.
HOW TO CALCULATE
VOLUNTARY PREMIUM
Age Band
Employee
Rate per $10 of Weekly
Benefit
Under 45
$0.53
45-49
$0.55
50-54
$0.65
55-59
$0.87
60-64
$1.00
65+
$1.03
$700
Weekly
Earnings
X 60% =
$420
X
$0.53
Rate
=
$22.26
Monthly
Cost
/10
*The premium calculation is based upon an employee aged
40 with an annual salary of $36,400.
HOW TO CALCULATE
VOLUNTARY PREMIUM
The below services are offered through Mutual of
Omaha with both basic and voluntary life/AD&D
plans.
Will Preparation
Here’s how it works...
Log on to
willing.com/mutualofomaha
Answer simple multiple choice questions on your
computer or smartphone
Download and print any document instantly
Update your information with any major life
change, i.e., marriage, divorce, birth of a child
24 Hour Grief Counseling Assistance
For confidential assistance coping with grief and loss, you can reach a knowledgeable and understanding counselor,
24 hours a day, seven days a week at 1-800-238-1439.
Additional Services Offered by
Mutual of Omaha