Common use of LONG TERM DISABILITY INCOME Clause in Contracts

LONG TERM DISABILITY INCOME. After completing the probationary period, an employee is eligible for long term disability insurance coverage. Should disability last for more than fifteen (15) weeks, eligible employees are entitled to long term disability benefits, payable by the insurance company. Benefits will be sixty-six and two-thirds (66-2/3) percent of the employee’s insured rate to a maximum of twenty-five hundred dollars (2,500) per month. Disability must be severe enough to prevent the employee from performing his regular work with the Company as defined by the insurance company. House confinement is not required, but the employee must be under the regular care and treatment of a doctor. If the employee is subject to disability payments under Workers’ Compensation, or from other sources, such payments will form part of, and be considered in the payment of benefits as set out herein. The long term disability protection will be administered in accordance with the terms of the contract with the insurance company.

LONG TERM DISABILITY INCOME. After completing thirty (30) calendar days service with the probationary periodCompany, an employee is eligible for long term disability insurance coverage. Should disability last for more than fifteen (15) weeks, eligible employees are entitled to long term disability benefits, payable by the insurance company. Benefits will be sixty-six and two-two- thirds (66-2/3) percent of the employee’s insured rate to a maximum of twenty-five hundred dollars (2,500) per month. Disability must be severe enough to prevent the employee from performing his regular work with the Company as defined by the insurance companyCompany. House confinement is not required, but the employee must be under the regular care and treatment of a doctor. If the employee is subject to disability payments under Workers’ Compensation, or from other sources, such payments will form part of, and be considered in the payment of benefits as set out herein. The long term disability protection will be administered in accordance with the terms of the contract with the insurance company.