Plan for the Unexpected With Disability Insurance
According to government statistics, debt associated with the medical bills and lost wages associated with serious illness are common factors in bankruptcy filings. You can help safeguard your productivity, financial security and family’s way of life by adding disability coverage to offset the financial, occupational and psychological burdens of serious illness or injury.
The Long Term Disability Plans and Short Term Disability Plans work in combination to provide benefits throughout the recovery process. The plans made available by GuideStone coordinate according to their elimination (waiting) periods:
- Economy Short Term Disability Plan coordinates with the Economy Long Term Disability Plan.
- Choice Short Term Disability Plan coordinates with both the Choice and Premier Long Term Disability Plans.
| Long Term Disability |
Economy |
Choice |
Premier |
| Elimination period |
180 days |
90 days |
90 days |
| Benefit percentage |
60% of monthly earnings |
60% of monthly earnings |
60% of monthly earnings |
| Maximum monthly benefit |
$7,500 per month |
$15,000 per month |
$15,000 per month |
| Minimum monthly benefit |
Greater of 10% of gross disability payment or $100 |
Greater of 10% of gross disability payment or $100 |
Greater of 10% of gross disability payment or $100 |
| Definition of disability |
Two (2) years own occupation |
Two (2) years own occupation |
Three (3) years own occupation |
| Maximum benefit period1 |
ADEA I |
ADEA I |
ADEA II |
| Social Security integration |
Family |
Family |
Self |
| Self-reported mental/nervous limitation |
12 Months |
12 Months |
24 Months |
| Disability Plus® |
Not Included |
Included |
Included |
| Rehabilitation & Return to Work Assistance |
Included |
Included |
Included |
| 1The ADEA I and ADEA II schedules outline the length of time the benefit will continue if the insured becomes disabled after age 60. |
| Short Term Disability |
Economy |
Choice |
| Elimination period |
14 days |
7 days |
| Benefit percentage |
60% of weekly earnings |
60% of weekly earnings |
| Maximum period of benefits |
24 weeks |
12 weeks |
| Minimum weekly benefit |
$25 per week |
$25 per week |
| Maximum weekly benefit |
$500 per week |
$500 per week |
| Definition of disability |
Any sickness or injury that prevents active work for more than 14 days |
Any sickness or injury that prevents active work for more than 7 days |
*The Economy Short Term Disability Plan has a longer benefit period than the Choice Short Term Disability Plan to provide benefits throughout the longer elimination period under the Economy Long Term Disability Plan.
Find out more about the value-added benefits you will receive with Long-Term or Short-Term disability coverage through GuideStone Financial Resources.
View Frequently Asked Questions about GuideStone Disability Insurance.