Term Life & Disability
Life, Accidental Death and Dismemberment (AD&D), and Disability insurance, through Unum, provide financial security to you and your family if you become seriously injured or pass away.
Basic Life and Accidental Death & Dismemberment (AD&D)
Providing economic security for your family if you pass away, become disabled, or experience an injury or illness is a major consideration in personal financial planning. As an employee, you automatically receive Basic Life and AD&D coverage in the amount of $20,000. This coverage is provided by Cabarrus County at no cost to you.
You may choose anyone to be the beneficiary of your Life and AD&D policy in the event of your death or serious injury. Review your beneficiary designation periodically to ensure it reflects your current wishes. You may change your beneficiary anytime at unum.com.
Optional Life and AD&D
Optional Life and AD&D offer additional coverage at discounted rates. The chart describes the amounts of coverage you can buy for yourself, your spouse, and your child(ren).
| Benefit Features | Optional Life and AD&D Options | ||
|---|---|---|---|
| Employee | Spouse | Dependent Child(ren) (up to age 26) |
|
| Life Coverage Options | $10,000 increments | $2,000 | $2,000 |
| Life Maximum (Guaranteed issue amount) |
$50,000 | $2,000 | $2,000 |
| Guaranteed Issue Period | Within 30 days of benefits eligibility or a qualifying life event | ||
| AD&D Coverage | Equal to the amount of Optional Life coverage | ||
Life Benefits Overview
Short-Term Disability (STD)
The Short-Term Disability (STD) coverage provides income replacement if you are sick or injured and need time off work to recover. The STD plan provides 70% of your weekly salary, to a maximum of $2,000 per month for up to 13 weeks of a disability. Benefits begin on the day you miss work because of an injury and on the seventh day you miss work because of an illness. Pre-existing conditions may apply.
Long-Term Disability (LTD)
Long-Term Disability (LTD) coverage is important because anyone at any age may become injured or ill for an extended period of time. LTD protects you from loss of income in the event you are unable to work due to an illness, injury, or accident for a period of time that exceeds the short-term disability benefit.
LTD coverage will replace up to 60% of your base salary to a monthly maximum of $2,000 if you are disabled for more than 90 days and are unable to work. LTD benefits are offset by other sources of income, such as Social Security and workers’ compensation. Pre-existing conditions may apply.
See the Benefits Guide or benefit summaries for detailed information.
Disability Benefits Overview
