Check Into Cash Executive Benefit Booklet

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D I SAB I L I TY I NSURANCE COVERAGE
Customer Service: 800-796-3872
Website:
The goal of Creditcorp’s Disability Insurance Plan is to provide you with income replacement should you become
disabled and unable to work due to a non-work related illness or injury for a long period of time. Creditcorp is partnering
with Symetra to offer all eligible executives long term disability (LTD) coverage as a source of income while you are
unable to work. Long TermDisability (LTD) is paid 100% by Creditcorp. Creditcorp covers the cost of LTD coverage by
adjusting monthly salary, later taken out through a post-tax deduction.
Long Term Disability (LTD): Covers 60% of your monthly earnings – up to a $15,000 per month maximum. Benefits
begin on the 91 st day of disability or illness. Benefits may be declined due to pre-existing conditions within 6 months prior
to your effective date until you’ve been covered for 12 months. (Pre-existing condition: any sickness or injury for which
you received treatment or where symptoms were present to the degree an ordinary person would seek treatment)
Long Term Disability PLAN BENEFITS
Eligibility All VP title and above and all Regional Managers working 30+ hours
per week
Elimination Period 90 days (benefit begins on 91st day)
Benefit Amount 60% of pre-disability earnings up to $15,000 per month
Accumulation of Elimination Days Elimination period can be satisfied with either total (off work entirely )
or partial (working some hours at your current job) disability
Survivor Income Benefit Benefit may be paid to your beneficiary if you should die while
receiving qualifying disability payments
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Long Term Disability