Short duration disabilities are more common than long term disabilities and can be very costly to employers both in lost productivity and actual expenses, especially if you currently have a salary continuance plan for short-term absences. Short Term Disability insurance from The Standard mitigates that expense by replacing a portion of employee income lost due to a covered physical disease, injury, pregnancy or mental disorder.

Flexible Provisions and Options

STD insurance is a great way to supplement your current sick leave or statutory disability benefits plan while minimzing your own out-of-pocket expense.

Our Plan Features Include:

• Up to 70 percent salary replacement for employer-paid plans
• Maximum benefit amount up to $5,000 per week
• Maximum benefit duration up to 52 weeks
• Benefit waiting periods starting at zero days for accidents and three days for illnesses and pregnancies
• Choice of non-occupational or 24-hour coverage
• Performance Guarantee for groups with at least 1,000 insured employees
• Reports OnlineSM claims reports service available

Optional Coverage Items:

• First Day Hospital Benefit
• Daily Hospital Benefit
• FICA Payment and W-2 Preparation

Superior Claims Management Makes Your Life Easier

Our experienced case management team provides early screening, assesses disability duration and identifies return-to-work opportunities. As a result, your employees may return to work sooner.

Administration Options for the Self-Insured

If you self-insure your own STD plan, we can offer you one of three administration options, taking the headache out of the paperwork associated with each disability.

These are available to employer groups of at least 250 employees also covered by our Long Term Disability insurance and provide the same claims management expertise and service that our fully-insured customers receive.

• Administrative Services Only: The Standard manages, calculates and issues checks for all approved claims.
• Advice To Pay: The Standard manages claims, calculates benefits and advises the plan sponsor how much to pay and for how long. Employers may choose to calculate benefit amounts themselves.
• Select Claim: Employers choose which claims they want The Standard to manage and which they wish to handle themselves.

Standard Insurance Company offers New Jersey Temporary Disability Benefits (TDB) plans and The Standard Life Insurance Company of New York offers New York Disability Benefits Law (DBL) plans.

These insurance plans provide a temporary, weekly benefit to employees who are unable to perform the regular duties of their employment due to a sickness, pregnancy, mental disorder or an off-the-job, accidental injury. The plans meet the minimum requirements of the applicable statutory disability benefits law.