Could you pay your bills if an illness or injury prevented you from working? Disability benefits can help. Disability benefits replace a portion of your income if you’re unable to work due to pregnancy, illness, or non-work-related injury.
Short-Term Disability (STD)
STD insurance is available to you as a voluntary, employee-paid benefit. Your weekly STD benefit is equal to 60% of your annual base salary, up to a maximum weekly benefit of $3,462. Benefits start after a 7-day or 30-day waiting period, whichever you elect, and continue for up to 26 weeks as long as you remain disabled.
In order to buy STD coverage, you may need to prove that you are in good physical health. This is called providing evidence of insurability (EOI).
Long-Term Disability (LTD)
You may purchase voluntary LTD insurance to pick up where your STD coverage ends in the event you become disabled for more than six months. This insurance pays a monthly benefit equal to 60% of your salary, up to a maximum monthly benefit of $15,000. Benefits start after a 180-day waiting period, and continue up to the earlier of your disability ending or the maximum benefit duration based on age.
In order to buy LTD coverage, you may need to prove that you are in good physical health. This is called providing evidence of insurability (EOI).
Your specific options and prices will be available on the DXC Benefits Center enrollment portal at www.yourbenefitsresources.com/dxc when you enroll.