Disability Insurance

Disability insurance can keep you financially stable should you become disabled and unable to work. It can help provide a sense of security, knowing that if the unexpected should happen, you’ll still receive a monthly income.

Short-Term Disability (STD)

  • You are eligible to receive STD benefits after you have been disabled for 7 days due to a non-work-related illness or injury.
  • Replaces up to 60% of your eligible income, up to a maximum of $3,000 per week.
  • Benefits end after 13 weeks.

Long-Term Disability (LTD)

  • You are eligible to receive LTD benefits after 90 days of disability.
  • Replaces up to 60% of your eligible income, up to a maximum of $15,000 per month until you recover or reach your Social Security Normal Retirement Age, whichever is sooner.
  • If you are a new hire, you have the option of a tax-choice LTD benefit. You elect to pay taxes on the premium that Carbon pays to receive a tax-free LTD benefit if you have a claim down the road.
  • The default is to not pay taxes on the premium that Carbon pays and any future LTD benefit would be taxable to you.