PART 7 - BENEFITS for Benefits Total Disability If You are Totally Disabled, We will pay benefits as follows: Benefits start to accrue on the day of Total Disability following the nation Period. The Total Disability Monthly Amount will be paid for as long as Total Disability continues, but not beyond the Maximum Benefit Period for Total Disability. Benefits for Disability Resulting from a Mental Disorder If Your Disability is contributed to or caused by a Mental Disorder, We will pay benefits according to the provisions of this Policy, except as limited by the Maximum Benefit Period for Hental Diso rders. If, at the end of the Maximum Benefit Period for Hental Disorders, You are uously confined, due to a Disability from Hental Disorders, in a Hospital under the care of a Physician, We will waive the Maximum Benefit Period for Mental Disorders for the duration of Your hospital confinement for this Disability. Residual Benef1ts for Disability If You are Residually Disabled, We will pay benefits as follows: Benefits start to accrue on the day of Residual Disability following the ination Period or after Your Total Disability ends, if later. The Residual Disability Monthly Amount will be determined each month using the following formulas: During the Work Incentive Period, the following formula will be used: Prior Earnings minus(-) Monthly = Earnings Residual Disability Monthly Amount* *Residual Disability Monthly Amount cannot exceed the Total Disability Monthly Amount. After the Work Incentive Period, the following formula will be used: Loss of = X Total Residual Disability Disability Earnings Prior Monthly Monthly Amount Amount Earnings If the Loss of Earnings equals 75¾ or greater of Prior Earnings, We will deem the loss to be 100¾ of Prior Earnings. The Residual Disability Monthly Amount will .be paid for as long as Residual Disability continues, but not beyond the Maximum Benefit Period for Residual Disa bi lity. Residual Disability benefits will not be paid for any days for which Total
PART 7 - BENEFITS Benefits for Total Disability If You are Totally Disabled, We will pay benefits as follows: Benefits start to accrue on the day of Total Disability following the nation Period. The Total Disability Monthly Amount will be paid for as long as Total Disability continues, but not beyond the Maximum Benefit Period for Total Disability. Benefits for Disability Resulting from a Mental Disorder If Your Disability is contributed to or caused by a Mental Disorder, We will pay benefits according to the provisions of this Policy, except as limited by the Maximum Benefit Period for Hental Diso rders. If, at the end of the Maximum Benefit Period for Hental Disorders, You are uously confined, due to a Disability from Hental Disorders, in a Hospital under the care of a Physician, We will waive the Maximum Benefit Period for Mental Disorders for the duration of Your hospital confinement for this Disability. Benef1ts for Residual Disability If You are Residually Disabled, We will pay benefits as follows: Benefits start to accrue on the day of Residual Disability following the ination Period or after Your Total Disability ends, if later. The Residual Disability Monthly Amount will be determined each month using the following formulas: During the Work Incentive Period, the following formula will be used: Prior Earnings minus(-) Monthly Earnings = Residual Disability Monthly Amount* *Residual Disability Monthly Amount cannot exceed the Total Disability Monthly Amount. After the Work Incentive Period, the following formula will be used: Loss of Earnings Prior Earnings X Total Disability Monthly Amount = Residual Disability Monthly Amount If the Loss of Earnings equals 75¾ or greater of Prior Earnings, We will deem the loss to be 100¾ of Prior Earnings. The Residual Disability Monthly Amount will .be paid for as long as Residual Disability continues, but not beyond the Maximum Benefit Period for Residual Disa bi lity. Residual Disability benefits will not be paid for any days for which Total
FIN428r4_income_disability_policy_sample.docx