Income Protection
Keep your income protected if illness or injury prevents you from working.
Short-Term Disability
| Feature | Detail |
|---|---|
| Available | Yes |
| Provider | New York Life |
| Income Replacement | 60% of weekly income |
| Maximum Weekly Benefit | $2,500 |
| Elimination Period | 7th day accident / 7th day illness |
| Maximum Benefit Duration | 13 weeks |
Notes
- Pre-Existing Condition Limitation: None
- Imputed income applies: Catalis uses taxable premium structure so the full 60% benefit is received tax-free when claimed
Long-Term Disability
| Feature | Detail |
|---|---|
| Available | Yes |
| Provider | New York Life |
| Income Replacement | 60% of monthly income |
| Maximum Monthly Benefit | $10,000 |
| Elimination Period | 90 days |
| Maximum Benefit Duration | Social Security Normal Retirement Age (SSNRA) |
Notes
- Imputed income applies: Catalis uses taxable premium structure so the full 60% benefit is received tax-free when claimed
- Under taxable premium structure, employee pays taxes on ~$10/month premium, then receives full 60% benefit tax-free if disabled
Contacts
New York Life (STD & LTD)