Long Term Disability Income Plan Overview
If you earn an income, you should consider LTD insurance
Whether you are single, and don't have a second income to help pay your bills, or married and have a family to support, LTD insurance is a necessity. Consider the causes behind common disabilities for people your age: Car accidents, back injuries, pregnancy complications, fitness injuries, cancer, and vision loss. At any stage in life, anyone who works--married, single, with or without children--should consider long term disability insurance.
>>New Video: Check out the new video below to learn more about the LTD Plan and its new features!
A long term disability can have a devastating effect on your financial wellbeing. While your ability to work and earn a paycheck may cease until you recover, your new medical bills will continue to pile up on top of your existing financial obligations. Dealing with a serious accident or disability is difficult enough without having to worry about how you will pay your bills in the absence of an income. The AICPA LTD Income Plan, with coverage issued by The Prudential Insurance Company of America, was designed to reduce that worry - so you can concentrate on getting well. Apply Now!
- Coverage that you can take with you--even if you change jobs
- Coverage amounts up to $12,000/month
- Income Tax free benefits: Under current Federal Income Tax laws, your monthly benefit is generally free from income tax (IRC Section 104) if the premiums are paid by you with after tax dollars
- A "your occupation" definition of disability means you won't be forced into another line of work before receiving benefits
- Choice of waiting periods
- Other features, such as Cash Refunds, a Cost of Living Adjustment feature and Rehabilitation Program
The AICPA Long Term Disability Income Plan now offers a new coverage option that pays benefits for partial disabilities! With this new plan option you have greater flexibility to choose the level of coverage that suits your particular circumstances, as well as your financial security concerns. If you elect the Total and Partial disability option, you will receive benefits if you become disabled and experience a 20% loss of earnings and are only able to work part time. Why is this important to you? Many disabilities will still allow CPAs to work part time. This new feature helps make sure you're still covered even if you're not totally disabled.
Any member of the AICPA or a State Society who is actively working full-time (at least 17 ½ hours per week), less than age 65 and resides in the United States, Guam, Puerto Rico or the United States Virgin Islands is eligible to request coverage. AICPA LTD benefits can be used to pay for your mortgage or rent, utilities, childcare, loans, credit cards, cell phone service, internet access or additional medical bills --whatever bills you need to pay while disabled.
North Carolina Residents: THIS IS NOT A MEDICARE SUPPLEMENT Plan. If you are eligible for Medicare, review the Guide to Health Insurance for People with Medicare, which is available from the company. This policy provides disability income insurance only. It does NOT provide basic hospital, basic medical or major medical insurance as defined by the New York State Insurance Department.
The AICPA Long Term Disability Income coverage is issued by The Prudential Insurance Company of America, 751 Broad Street, Newark, NJ 07102. The Booklet-Certificate contains all details, including any policy exclusions, limitations and restrictions, which may apply. Contract Series 83500; CA COA #1179; NAIC #68241.
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