Disability Insurance
Short-Term Disability
Pursuit Aerospace provides you with the financial protection you need at no cost if you have a non-work-related illness or injury that does not allow you to work. Short-Term Disability benefits are paid up to 26 weeks while you are disabled.
Long-Term Disability
You can choose to purchase Long-Term Disability coverage, which provides income replacement if you have a non-work-related illness or injury after 26 weeks when your Short-Term Disability benefits end, in the event that you are still not able to work due to a non-work-related illness or injury. You can purchase coverage with post-tax contributions, which will provide 50% of salary, up to $10,000 per month tax-free.
Please Note: If you enroll for Long-Term Disability coverage when you are first eligible, you will need to provide Evidence of Insurability (EOI) to The Standard. If you don’t enroll for coverage when you’re first eligible, you can still enroll, but you will be required to provide EOI.
Voluntary Long-Term Disability Rates
Rates for voluntary Long-Term Disability are based on your monthly salary and will be available online when you enroll.