if you are on LTD if spirit goes under?
01-16-2024 | 06:27 PM
#1
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if you are on LTD if spirit goes under?
How would LTD benefits work if you are on them and spirit folds? I’m assuming the insurance company keeps paying.
I don’t think our LTD is like the bigger airlines where the insurance company is just the administrator and doesn’t carry any financial liability.
No idea though.
I don’t think our LTD is like the bigger airlines where the insurance company is just the administrator and doesn’t carry any financial liability.
No idea though.
01-16-2024 | 10:42 PM
#2
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Joined: Oct 2005
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From: Office Chair
How would LTD benefits work if you are on them and spirit folds? I’m assuming the insurance company keeps paying.
I don’t think our LTD is like the bigger airlines where the insurance company is just the administrator and doesn’t carry any financial liability.
No idea though.
I don’t think our LTD is like the bigger airlines where the insurance company is just the administrator and doesn’t carry any financial liability.
No idea though.
01-17-2024 | 05:37 AM
#5
On Reserve
Joined: Apr 2022
Posts: 190
Likes: 46
It ends.
WHEN DOES YOUR COVERAGE END?
Your coverage under the policy or a plan ends on the earliest of:
- the date the policy or a plan is cancelled;
- the date you no longer are in an eligible group;
- the date your eligible group is no longer covered;
- the date your coverage ends under the Employer-paid group long term disability insurance coverage provided under Unum Policy No. 422567-001;
- the last day of the period for which you made any required contributions; or
- the last day you are in active employment except as provided under the covered layoff or leave of absence provision.
Unum will provide coverage for a payable claim which occurs while you are covered under the policy or plan.
WHEN DOES YOUR COVERAGE END?
Your coverage under the policy or a plan ends on the earliest of:
- the date the policy or a plan is cancelled;
- the date you no longer are in an eligible group;
- the date your eligible group is no longer covered;
- the date your coverage ends under the Employer-paid group long term disability insurance coverage provided under Unum Policy No. 422567-001;
- the last day of the period for which you made any required contributions; or
- the last day you are in active employment except as provided under the covered layoff or leave of absence provision.
Unum will provide coverage for a payable claim which occurs while you are covered under the policy or plan.
01-17-2024 | 05:39 AM
#6
On Reserve
Joined: Apr 2022
Posts: 190
Likes: 46
It ends.
WHEN DOES YOUR COVERAGE END?
Your coverage under the policy or a plan ends on the earliest of:
- the date the policy or a plan is cancelled;
- the date you no longer are in an eligible group;
- the date your eligible group is no longer covered;
- the date your coverage ends under the Employer-paid group long term disability insurance coverage provided under Unum Policy No. 422567-001;
- the last day of the period for which you made any required contributions; or
- the last day you are in active employment except as provided under the covered layoff or leave of absence provision.
Unum will provide coverage for a payable claim which occurs while you are covered under the policy or plan.
WHEN DOES YOUR COVERAGE END?
Your coverage under the policy or a plan ends on the earliest of:
- the date the policy or a plan is cancelled;
- the date you no longer are in an eligible group;
- the date your eligible group is no longer covered;
- the date your coverage ends under the Employer-paid group long term disability insurance coverage provided under Unum Policy No. 422567-001;
- the last day of the period for which you made any required contributions; or
- the last day you are in active employment except as provided under the covered layoff or leave of absence provision.
Unum will provide coverage for a payable claim which occurs while you are covered under the policy or plan.
01-17-2024 | 07:21 AM
#7
Gets Weekends Off
Joined: Jan 2018
Posts: 2,821
Likes: 221
It ends.
WHEN DOES YOUR COVERAGE END?
Your coverage under the policy or a plan ends on the earliest of:
- the date the policy or a plan is cancelled;
- the date you no longer are in an eligible group;
- the date your eligible group is no longer covered;
- the date your coverage ends under the Employer-paid group long term disability insurance coverage provided under Unum Policy No. 422567-001;
- the last day of the period for which you made any required contributions; or
- the last day you are in active employment except as provided under the covered layoff or leave of absence provision.
Unum will provide coverage for a payable claim which occurs while you are covered under the policy or plan.
WHEN DOES YOUR COVERAGE END?
Your coverage under the policy or a plan ends on the earliest of:
- the date the policy or a plan is cancelled;
- the date you no longer are in an eligible group;
- the date your eligible group is no longer covered;
- the date your coverage ends under the Employer-paid group long term disability insurance coverage provided under Unum Policy No. 422567-001;
- the last day of the period for which you made any required contributions; or
- the last day you are in active employment except as provided under the covered layoff or leave of absence provision.
Unum will provide coverage for a payable claim which occurs while you are covered under the policy or plan.
01-17-2024 | 08:43 AM
#8
Line Holder
Joined: Jul 2008
Posts: 529
Likes: 0
It ends.
WHEN DOES YOUR COVERAGE END?
Your coverage under the policy or a plan ends on the earliest of:
- the date the policy or a plan is cancelled;
- the date you no longer are in an eligible group;
- the date your eligible group is no longer covered;
- the date your coverage ends under the Employer-paid group long term disability insurance coverage provided under Unum Policy No. 422567-001;
- the last day of the period for which you made any required contributions; or
- the last day you are in active employment except as provided under the covered layoff or leave of absence provision.
Unum will provide coverage for a payable claim which occurs while you are covered under the policy or plan.
WHEN DOES YOUR COVERAGE END?
Your coverage under the policy or a plan ends on the earliest of:
- the date the policy or a plan is cancelled;
- the date you no longer are in an eligible group;
- the date your eligible group is no longer covered;
- the date your coverage ends under the Employer-paid group long term disability insurance coverage provided under Unum Policy No. 422567-001;
- the last day of the period for which you made any required contributions; or
- the last day you are in active employment except as provided under the covered layoff or leave of absence provision.
Unum will provide coverage for a payable claim which occurs while you are covered under the policy or plan.
01-17-2024 | 09:01 AM
#9
On Reserve
Joined: Apr 2022
Posts: 190
Likes: 46
I believe coverage doesn't mean receiving. Of course no one is covered when no one is still employed. If you are already receiving benefits of the insurance you will continue to receive benefits dependant on the end of benefit conditions. I persoanlly was on LTD when a previous carrier went away and received benefits.
WHEN WILL PAYMENTS STOP?
We will stop sending you payments and your claim will end on the earliest of the following:
- when you are able to work in your regular occupation on a part-time basis and you do not;
- if you are working and your monthly disability earnings exceed 80% of your indexed monthly earnings, the date your earnings exceed 80%;
- the end of the maximum period of payment;
- the date you are no longer disabled under the terms of the plan, unless you are eligible to receive benefits under Unum's Rehabilitation and Return to Work Assistance program;
- the date you fail to submit proof of continuing disability;
- after 12 months of payments if you are considered to reside outside the United States or Canada. You will be considered to reside outside these countries when you have been outside the United States or Canada for a total period of 6 months or more during any 12 consecutive months of benefits;
- the date you die.
We will stop sending you payments and your claim will end on the earliest of the following:
- when you are able to work in your regular occupation on a part-time basis and you do not;
- if you are working and your monthly disability earnings exceed 80% of your indexed monthly earnings, the date your earnings exceed 80%;
- the end of the maximum period of payment;
- the date you are no longer disabled under the terms of the plan, unless you are eligible to receive benefits under Unum's Rehabilitation and Return to Work Assistance program;
- the date you fail to submit proof of continuing disability;
- after 12 months of payments if you are considered to reside outside the United States or Canada. You will be considered to reside outside these countries when you have been outside the United States or Canada for a total period of 6 months or more during any 12 consecutive months of benefits;
- the date you die.
01-17-2024 | 02:38 PM
#10
Prime Minister/Moderator
Joined: Jan 2006
Posts: 44,841
Likes: 653
From: Engines Turn or People Swim
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