MEMBER AND EMPLOYEE GROUP LONG TERM DISABILITY INSURANCE
Help protect your single most significant asset, your ability to earn a living!. Help provide financial security for your family and help safeguard your dreams for the future in the event of a covered disabling sickness or injury.
- Benefits are paid directly to you, to replace your lost income. Use however you choose.
- Own occupation definition of disability for the entire benefit period.
- Replace 60% of your income up to a maximum of $20,000 per month
HOW TO APPLY
To begin your application, click on the link below that applies to you (an FPA member or an employee of an FPA member). You will be directed to the Ryan Insurance Strategy Consultants application website. Be sure to answer all questions related to the application to the best of your knowledge. Note: If you are a member of FPA but an employee you will want to apply as a "Member" not an "Employee".
To begin your application, click on the link below that applies to you (an FPA member or an employee of an FPA member). You will be directed to the Ryan Insurance Strategy Consultants application website. Be sure to answer all questions related to the application to the best of your knowledge. Note: If you are a member of FPA but an employee you will want to apply as a "Member" not an "Employee".
Use this to determine your average monthly earnings
UPDATE MY EARNINGS AND BENEFITS
If you are already enrolled in the STD and/or LTD coverage CLICK HERE to update your income and benefit.
If you are already enrolled in the STD and/or LTD coverage CLICK HERE to update your income and benefit.
CUSTOMER SERVICE PORTAL
Visit our customer service portal to view your policy information, update your personal information, change the bank account used to pay your premiums and update your monthly earnings for your disability policy(s). Once on the customer service portal homepage, click the red button to download the user guide and information on how to register. If you have additional service and/or administrative questions you can call the customer service center at: (866)809-3899 or email the customer service center at: [email protected]. The customer service center fax number is: (816)-968-0660.
COVERAGE DETAILS / FEATURES AND BENEFITS
Coverage Details
Your ability to earn a living is the single most valuable asset you have. A disabling injury or illness could keep you from providing the most basic needs for yourself and your loved ones…but it doesn’t have to. You can continue providing financial security for your family in the event of a disability with the FPA Group Long-term Disability insurance program. Your monthly benefits can help replace your lost income and protect your dreams, by helping pay your monthly bills, your mortgage, or continuing contributions to your retirement fund or a child’s college fund.
Features & Benefits
Plan A: $6,000. $11,000(after 24 months of LTD payments)
Plan B: $15,000. $20,000(after 24 months of LTD payments)
Plan C: $20,000 $25,000(after 24 months of LTD payments)
Your ability to earn a living is the single most valuable asset you have. A disabling injury or illness could keep you from providing the most basic needs for yourself and your loved ones…but it doesn’t have to. You can continue providing financial security for your family in the event of a disability with the FPA Group Long-term Disability insurance program. Your monthly benefits can help replace your lost income and protect your dreams, by helping pay your monthly bills, your mortgage, or continuing contributions to your retirement fund or a child’s college fund.
Features & Benefits
- Competitive rates through your FPA association membership.
- Monthly maximum benefit up to $20,000 per month.
- Benefits begin after the 90-day benefit Elimination period.
- Benefits paid directly to you to use as you see fit.
- Own occupation definition of disability for the entire benefit period.
- Monthly Benefit 60% of your pre-disability earnings. 70% of pre-disability earnings (after 24 months of LTD claim payments).
- Maximum Monthly Benefit
Plan A: $6,000. $11,000(after 24 months of LTD payments)
Plan B: $15,000. $20,000(after 24 months of LTD payments)
Plan C: $20,000 $25,000(after 24 months of LTD payments)
- Rehabilitation Incentive: 10% increase in the Monthly Benefit if participating in an approved rehabilitation program.
- Severe Conditions Benefit: If you are disabled due to a severe condition the plan will increase Your Monthly Benefit percentage to 100% of the first (Plan A = $13,000, Plan B = $25,000 and Plan C = $30,000) of Your Pre-disability Earnings. Examples of a severe condition are: Heart attack, Stroke and Cancer. Please see the policy certificate for complete list of covered severe conditions. The Severe Conditions Benefit is payable for 60 months, but not beyond the date of death or the maximum benefit duration in the schedule of benefits.
DURATION OF BENEFITS / ELIGIBILITY / LIMITATIONS AND EXCLUSTIONS / PRE-EXISTING CONDITION LIMITATION
Maximum Benefit Duration Chart The later of Your Normal Retirement Age as defined by Social Security or the period shown below:
Age on Date of Your Disability Benefit Duration
less than 60 to age 65
60 60 months
61 48 months
62 42 months
63 36 months
64 30 months
65 24 months
66 21 months
67 18 months
68 15 months
69 and over 12 months
Eligibility
You will not receive benefits for any Disability caused by or contributed to by:
For Alcohol, Drug or Substance Abuse or Addiction: If the member or employee is Disabled, Disability benefits are limited to a per occurrence maximum of 24 months.
The monthly maximum limitation is combined from the date of disability for other limited conditions.
Pre-Existing Condition Limitation
Pre-Existing Condition means a Sickness or accidental injury for which the member:
We will reduce your disability benefit by the amount of all other income as defined in your Certificate. For a complete list of Other Income that will reduce your disability benefits, see your Certificate.
Age on Date of Your Disability Benefit Duration
less than 60 to age 65
60 60 months
61 48 months
62 42 months
63 36 months
64 30 months
65 24 months
66 21 months
67 18 months
68 15 months
69 and over 12 months
Eligibility
- All Active, Eligible Members of FPA, employees of members or employees of Financial Advisors who are actively at work 20 hours per week.
- Must be under age 65 to enroll.
- New members can enroll in the plans with no medical underwriting required during the 60 days after becoming a member of FPA. New employees can enroll with no medical underwriting required during the 60 days after becoming employed by a member or Financial Advisor.
- For both members and employees, the Pre-Existing condition limitation will apply to these disability benefits.
- Approved coverage will be effective on the first of the month on or after the date of approval.
- A policy certificate will be issued to you upon approval of your coverage.
- All coverage subject to medical underwriting is subject to approval by Metropolitan Life Insurance Company.
You will not receive benefits for any Disability caused by or contributed to by:
- War, whether declared or undeclared, or act of war, insurrection, rebellion, or terrorist act:
- Your active participation in a riot;
- Intentionally self-inflicted injury;
- Attempted suicide; or
- Commission of or attempt to commit a felony
For Alcohol, Drug or Substance Abuse or Addiction: If the member or employee is Disabled, Disability benefits are limited to a per occurrence maximum of 24 months.
The monthly maximum limitation is combined from the date of disability for other limited conditions.
Pre-Existing Condition Limitation
Pre-Existing Condition means a Sickness or accidental injury for which the member:
- Received medical treatment, consultation, care or services: or
- Took prescription medication or had medications prescribed in the 6 months before insurance or any increase in the amount of insurance under the certificate takes effect.
- Benefits will not be paid, or any increase in the benefit amount due to an elected increase in the amount of insurance for a Disability that results for a Pre-Existing Condition, if the member has been Actively at Work for less than 24 consecutive months after the date their Disability insurance or the elected increase in the amount of such insurance takes effect under the certificate.
We will reduce your disability benefit by the amount of all other income as defined in your Certificate. For a complete list of Other Income that will reduce your disability benefits, see your Certificate.
CURRENT MONTHLY PREMIUM RATE EXAMPLES
Current Monthly Premiums
Rates are based on the members attained age when insurance becomes effective. Rates increase when the member moves into the next age bracket. Income is determined by prior calendar year earnings. Rates are subject to change.
Rates are based on the members attained age when insurance becomes effective. Rates increase when the member moves into the next age bracket. Income is determined by prior calendar year earnings. Rates are subject to change.
Plan A example of rates:
Premiums are based on $10,000 PDE per month, $6,000 LTD monthly benefit
Renewal rates (*) only. Must be less that 65 to enroll.
Premiums are based on $10,000 PDE per month, $6,000 LTD monthly benefit
Renewal rates (*) only. Must be less that 65 to enroll.
AGE |
PREMIUM PLAN A |
<30 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69* 70-74* 75 or over* |
$37.00 $40.00 $40.00 $64.00 $78.00 $104.00 $135.00 $157.00 $158.00 $231.00 $280.00 |
Plan B example of rates:
Premiums are based on $25,000 PDE per month, $15,000 LTD monthly benefit.
Renewal rates (*) only. Must be under 65 to enroll.
Premiums are based on $25,000 PDE per month, $15,000 LTD monthly benefit.
Renewal rates (*) only. Must be under 65 to enroll.
AGE |
PREMIUM PLAN B |
<30 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69* 70-74* 75 or over* |
$92.50 $100.00 $100.00 $160.00 $195.00 $260.00 $337.50 $392.50 $395.00 $577.50 $700.00 |
Plan C example of Rates
Premiums are examples of $33,333 PDE per month, $20,000 LTD monthly benefit
Renewal rates (*) only. Must be under 65 to enroll.
Premiums are examples of $33,333 PDE per month, $20,000 LTD monthly benefit
Renewal rates (*) only. Must be under 65 to enroll.
AGE |
PREMIUM PLAN C |
<30 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69* 70-74* 75 or over* |
$133.33 $146.67 $146.67 $230.00 $280.00 $370.00 $483.33 $563.33 $566.66 $830.00 $1,003.32 |
*Open Enrollment recommended for members and employees with a membership date or hire date beyond 60 days. No underwriting required if application is received during the open enrollment period. Guaranteed Issue does not apply if previously declined for medical underwriting.
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Underwritten by: Metropolitan Life Insurance Company
200 Park Avenue New York, New York 10166 |
Administration by: Forrest T. Jones and Company, Inc.
3130 Broadway Kansas City, Missouri 64111 |
The Group Long-term Disability plan is made available through the FPA professional association. This fact sheet merely describes the coverage and is not a contract of insurance. Complete terms and conditions are listed in the Group Policy issued to the FPA by Metropolitan Life Insurance Company. Each insured member will receive a Certificate of Insurance outlining his or her coverage under the plan. Like most insurance policies, insurance policies offered by MetLife and its affiliates contain certain exclusions, exceptions, reductions, limitations, waiting periods and terms for keeping them in force. Please contact your plan administrator for costs and complete details. 2024 MetLife Services and Solutions, LLC L1024044146[exp1026][All States][DC,GU,MP,PR,VI]