Long Term Disability Insurance
Protect 60% of basic earnings, with benefits lasting up to normal retirement age. No medical underwriting required.
Long Term Disability (LTD) insurance is a group insurance product requiring at least two (2) members, where eligibility is based on actively-at-work status and belonging to a select employee class. If you are looking for individual Long Term Disability insurance, refer to Disability Income (DI) which serves a similar purpose without the employer ties.
Demographic Information Needed For LTD Proposals
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Date of Birth
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Gender
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State of Residence
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Date of Hire
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Occupation
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Ownership %
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Hours worked per week
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Class, if you wish to consider tiered eligibility/benefits
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Exempt or Non-Exempt from L&I/workers comp
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Hourly wage
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Base salary projected for this year (gross pay)
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Ownership Distributions paid in the prior year
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Bonus paid in the prior year
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Commissions paid in the prior year
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RSU's paid in the prior year
To make compilation easier, you can begin with this starter spreadsheet.
If you already have this information in a database, feel free to output the file in any format.
The type of pay is extremely important. Compensation must be broken out by type (e.g., base, bonus, etc)