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Insurance > Disability > The Florida Bar Group Disability Income Insurance Plan The Florida Bar Group Disability Income Insurance Plan This plan gives members of The Florida Bar the opportunity to acquire basic disability coverage through a group plan at very competitive group rates. Take a few moments to review the following information, and you'll see why this comprehensive Disability Income Plan should be an important part of your insurance portfolio: Benefit Choices You may choose a monthly indemnity amount of up to 60% of your monthly earnings. Current additional underwriting limits may apply. At the time of a claim, your combined group disability coverage cannot exceed 60% of your monthly earnings. Your combined individual (if any) and group disability coverage cannot exceed 100% of your monthly earnings. (Help Me Determine How Much Benefit I Qualify For). You may also choose the maximum payment period and elimination period that best meets your specific needs. This program offers a variety of options from which to choose. These features will help you manage and control the cost of your benefit plan. Competitive Rates As part of a large group, you will enjoy very competitive group rates. You are also protected from individual rate increases. Your premium will only increase as you enter a new age-rating category, or if rates increase for all participants in the group. Eligibility In order to participate in the plan, you must be a member of The Florida Bar, actively engaged in the practice of your regular occupation in the legal profession and working at least 30 hours per week in that occupation. Your eligibility is also subject to review based on the information and the medical history provided on your application, and, if necessary, by your attending physician or other medical sources. Other evidence of insurability may also be required. Renewal Guarantee Paying the premium applicable for your particular age automatically renews this coverage. Coverage will end only if (1) you do not pay this premium; (2) you retire; (3) you cease to be actively engaged full time in your profession; (4) you cease to be a member of The Florida Bar; (5) the group policy ends. Otherwise, coverage is renewable to any age. Definition of Disability You are disabled if you are unable to perform the substantial and material duties of your own occupation due to accident or illness. This own occupation definition remains in effect for your full benefit period. Residual Benefit Allows you to rebuild your income to its pre-disability level as you return to full-time work. During the first 12 months you return to work after the elimination period, your combined gross monthly benefit and current part time earnings while disabled can be as much as 100% of your pre-disability earnings. Waiver of Premium If you become disabled and satisfy the elimination period, we will waive premiums which become due during any continuing period of disability for which you are receiving benefits. Waiver of Elimination Period Your benefits in this plan will end when you cease to be disabled. In the event that you suffer a later disability, the disability may be treated as a recurring disability. If the later disability is a recurring disability, you will not need to complete a new elimination period before becoming entitled to benefits. Qualification No physical exam is typically required to enroll, however, Guardian may request a completed physical exam to determine insurability. Doctor's records may also be required by Guardian to determine insurability. This will at no cost to you. Acceptance into the plan is subject to evidence of insurability as determined by Guardian. Rehabilitation Benefit This coverage includes an elective rehabilitation program. While you participate in a rehabilitation program approved by Guardian, you are entitled to receive 110% of the monthly benefit otherwise payable to you. Additional consideration can be given to ancillary expenses such as childcare costs, which are incurred to allow you to participate in the rehabilitation program. Special Limitations Disabilities due to mental and nervous disorders, and alcohol or drug abuse, are covered under this plan for a lifetime maximum of two years. Disabilities That Are Not Covered Your policy does not cover disabilities or losses caused by, contributed to, or resulting from:
Also, no benefits are payable for any period of disability during which you are not receiving the regular care and treatment of a doctor other than yourself. Coverage Underwritten By: The Guardian Life Insurance Company of America has been a premier provider of quality financial products and services for 140 years. Guardian has enjoyed outstanding financial strength* and exemplary ratings from independent analysts, decade after decade. As a mutual company who answers only to its customers, Guardian is known throughout the industry for integrity, fairness, performance and top-notch service. * Admitted assets of $21.7 billion, liabilities of $19.1 billion - including $15.7 billion in reserves - and surplus of $2.6 billion (as of 12/31/03). The financial strength and ratings earned by Guardian do not apply to the investment products and services offered through Park Avenue Securities LLC. 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 above is for illustration purposes only. For complete policy terms consult your policy From FLB-1.
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