Continue to make ends meet if a disability keeps you from working.
As an AIA member, Disability Insurance can go a long way toward helping replace your income if you’re disabled from a covered accident or illness by providing monthly disability checks up to $6,000.
Most things in your life depend on your ability to earn an income. Your home. Your everyday living expenses. Your savings. Your children’s child care and educational needs. Your hopes for retirement. Your dreams for the future.
So if your income stops due to a disabling injury or illness, how will you pay your mortgage, household bills, and everyday living expenses? Will you have to dip into your savings or other assets? And will your savings, the equity in your home, your retirement nest egg, and your other assets be enough to carry you through until you’ve recovered and are able to return to work? And, would you even want to use up your current financial resources this way?
This AIA Trust Group Disability plan offers two competitive benefit plan options to help fit your needs and budget. And you can receive monthly benefits from $100 up to $6,000 for covered disabilities.
With so many things in life being uncertain, why not help protect yourself and your loved ones from the financial risks and uncertainties surrounding a disability? Apply for the AIA Trust Group Disability Income Insurance Plan today … so it’ll be there for you should you ever need it.
Provides Monthly Disability Income Benefits
If you are an AIA member, under age 60, actively-at-work at least 30 hours a week, are a resident of the U.S., District of Columbia, and Puerto Rico (except for: VT, WA and other US Territories and possessions) and are not on active duty in the military, you are eligible to apply for a monthly benefit amount up $6,000 (in $100 increments), provided the benefit you select does not exceed 60% of your Average Monthly Income (later defined).
Offers Choice of Benefit Plans and Waiting Periods
Depending on your needs and budget, you can select from between these plans:
- Two-Year Plan: Pays monthly benefits for up to two years for covered total disability commencing prior to age 64. For disabilities commencing at age 64 up to age 70, benefits are possible for one year.
- To Age 65 Plan: Pays monthly benefits up to age 65 for covered total disabilities commencing prior to age 60. If you become totally disabled between the ages of 60 through 63, benefits will be paid up to a maximum of two years; one year for disabilities commencing at age 64 up to age 70.
Plus, you can choose among three waiting periods: 60, 90, and 180 days. The longer the waiting period, the less your premium will be.
Pays Tax-Free Benefits
Under current tax laws, if you pay your own personal disability premiums, your benefits are tax-free. This means you’ll generally collect 30 to 40 percent higher benefit checks through this plan than you would from an employer-paid plan. Or if you own your firm, you may be able to claim part of your premiums as a tax deduction. Check with your tax advisor for more details.
Waives Waiting Period for Organ Transplants
If you have been insured under the Plan for at least six months and undergo a surgical procedure to donate an organ for transplant, you will be considered totally disabled. No waiting period will apply, and benefits will be payable from the first day of total disability. However, any portion of your monthly benefit option which became effective in the six months immediately prior to such organ donation will not be payable for this total disability.
Pays Residual Disability Benefits
When you resume your practice or enter a new occupation after a covered disability, you may find your earnings are not what they once were. Perhaps your former clients have gone elsewhere, or you’re starting your new job from scratch. But even when your disability benefits have stopped, you may be able to offset your lower income by receiving a Residual Benefit.If you return to work after a covered total disability that lasted at least 30 days, you may be entitled to receive a Residual Benefit if:
- You have not received covered disability benefits for the maximum benefit period for your covered total disability.
- It prevents you from earning more than 75% of your average monthly income for the period before your covered total disability.
- It is due to or related to the same injury, sickness or organ donation for which you incurred your covered total disability.
- It is not separated from a period of covered total disability by your return to full-time work of three months or more.
- It occurs before you reach age 64.
Pays Benefits During Approved Vocational Rehabilitation
If, while you are totally disabled, you are able to and elect to rehabilitate, you will continue to receive a monthly benefit equal to your total disability monthly benefit provided New York Life approves of the rehabilitation program. New York Life must be notified in writing regarding participation in a vocational rehabilitation program.
Waives Premium if Disabled
If you become totally disabled before age 60 and remain disabled for six months, your premium will be waived until the date your covered disability benefit ends.
Easy to Apply Today
Simply download, complete, sign and return the application. Send no money now.
30-Day FREE Look
When you receive your Certificate of Insurance, read it carefully. If you’re not completely satisfied with the terms of your new insurance plan, simply return your Certificate, without claim, within 30 days and any premium paid will be promptly refunded. No questions asked.
When Coverage Begins:
Your coverage will begin on the first of the month following the date your application is approved, provided you are actively-at-work full-time on the date, meet required evidence of insurability requirements and the premium is paid. Benefits will begin on the first day of a covered total disability after completion of the applicable Waiting Period. Benefits will continue until the earlier of (a) the day the insured ceases to be totally disabled or (b) the end of the maximum benefit period.
When Coverage Ends:
Your coverage will end when you are no longer at full-time work, you reach age 70, you stop paying your premiums when due, when you receive covered total disability benefits for the maximum benefit period, when you begin active duty in the armed forces, or the date the group policy ends.
Average Monthly Income means a person’s average monthly wages, salaries, commissions, fees and any other amounts received by such person for personal services, including the cost of his or her fringe benefits and share of total surpluses. It does not include income from interest, dividends, rent, royalties, annuities, other insurance and other unearned income.
Covered Total Disability is an incapacity from: an injury or sickness that an insured suffers while he or she is insured under the Policy, but only if such incapacity completely and continuously prevents the insured from doing the material and substantial duties of his or her occupation, provided he or she is not engaged in any occupation for pay or profit; or an organ donation by an insured, if he or she has been continuously insured under the Policy for at least six consecutive months on the day of such donation; but only if such incapacity completely and continuously prevents the insured from doing the material and substantial duties of his or her occupation, provided he or she is not engaged in any occupation for pay or profit.
Mental Illness means a disability due to or resulting from psychiatric or psychological conditions, regardless of cause, such as: (a) schizophrenia; (b) depression; (c) manic depressive or bipolar illness; (d) anxiety; (e) personality disorders; and/or (f) adjustment disorders or other conditions, usually treated by a mental health provider or other qualified provider using psychotherapy, psychotropic drugs or other similar modalities used in the treatment of the above conditions.
Chemical Dependency means the abuse of or psychological or physical dependency on or addiction to alcohol or a controlled substance. For purposes of this definition, “controlled substance” means a toxic inhalant, a volatile chemical, abusable glue or aerosol paint, or a substance designated as or considered a controlled substance under applicable federal, state or local authority. This limitation does not apply to dementia, if due to: (a) stroke; (b) trauma; (c) viral infection; (d) Alzheimer’s disease; or (e) other conditions not listed above which are not usually treated by a mental health provider using psychotherapy, psychotropic drugs or other modalities.
Successive Periods of Disability will be considered one period of disability if such disabilities are due to the same or related causes, and which are separated by less than six months of return to continuous full-time work during which you are not totally disabled or different or unrelated causes are not separated by return to full-time work.
Waiting Period is the initial, continuous period of a Covered Total Disability which must be completed before such Covered Total Disability benefits become initially payable.
Note: Maximum benefit for disabilities due to mental/nervous conditions and drug and alcohol abuse is 24 months. The Maximum Benefit Period for all Covered Disabilities of an insured which are due to or related to Mental Illness and/or Chemical Dependency while such person is insured under the Policy, whether insurance has been continuous or interrupted, cannot exceed the lesser of: (a) 24 months; or (b) the Maximum Benefit Period for a Covered Disability due to an injury, sickness or organ donation. This limitation does not apply to any period during which such insured is institutionalized.
Exclusions: Any of the following in which a disability (a) occurs during, (b) is due to; or (c) is related to: Air Travel in, travel on, fall from or descent from any aircraft while such aircraft is in flight, unless the insured is traveling: (a) solely as a fare-paying passenger on a licensed, commercial, regularly scheduled, non-military aircraft; or (b) in a civil aircraft having a current and valid “Standard Federal Aviation Agency Airworthiness Certificate” and piloted by a person with a current and valid pilot’s certificate with proper ratings for the type of flight and aircraft involved; Crime/Illegal Occupation/Illegal Activity:. Participation in or incarceration resulting from any of the following in a role other than as a victim: (a) the commission of a felony; (b) an illegal occupation or activity; (c) an insurrection; (d) terrorist activity; or (e) a riot. An Impairment Restriction; a disability that is due or related to duty in the military, naval or air service of any country, a pre-existing condition; a disability that is due to a pregnancy or child birth or a related medical condition, except for a complication of pregnancy; Regular Care that does not require a doctor’s regular care of, or attendance to, the insured; or (b) for any period of disability for which the insured is not under the regular care and attendance of a doctor, except that: This requirement will not apply if such care is no longer required for prudent medical management of the injury, sickness or organ donation. For the purpose of satisfying the requirement that the insured be under the “regular care” of a doctor, doctor does not include the insured or a member of his or her immediate family; intentional self-inflicted injury or an attempt at suicide or occurs while intentionally injuring oneself; whether the insured is sane or insane; engagement in any of the following in a role other than as a victim: (a) in war, (b) an act of war, or (c) an armed conflict which involves the armed forces of one or more countries; pre-existing conditions; pregnancy, childbirth or related medical condition.
Pre-existing Condition means an injury or sickness or any condition related to such injury or sickness for which a person consults a doctor, receives medical services or supplies or takes any medication during the 12-month period immediately before the insured’s initial insurance date, if such injury or sickness condition is not fully disclosed when a request for insurance is made under the Policy. Preexisting Condition does not include: (a) any such injury or sickness or condition for which such person has not consulted a doctor, received medical services or supplies or taken any medication for a continuous period of 12 consecutive months after the date he or she first becomes an insured; or (b) any such injury or sickness or condition after such person has been continuously insured under the Policy for 24 months.
Important Information from New York Life Insurance Company
New York Life Insurance Company reserves the right to request medical information to determine applicant’s medical eligibility for coverage. Based on the age of the person proposed for insurance and the amount of coverage requested, a physical examination, EKG, blood test or other information may be required. Not all applicants will have to supply additional information. However, if it is required, New York Life will arrange for an independent professional paramedic to contact you to perform these simple tests at your convenience. The exam and blood test are free-of-charge.
IMPORTANT NOTICE:How New York Life Obtains Information and Underwrites Your Request for AIA Group Disability Income Insurance
In this notice, references to “you” and “your” include any person proposed for insurance. Information regarding insurability will be treated as confidential. In considering whether the person(s) in your request for insurance qualify for insurance, we will rely on the medical information you provide, and on the information you AUTHORIZE us to obtain from your physician, other medical practitioners and facilities, other insurance companies to which you have applied for insurance and MIB, Inc. (“MIB”). MIB is a not-for-profit organization of insurance companies, which operates an information exchange on behalf of its members. If you apply for life or health insurance coverage or a claim for benefits is submitted to an MIB member company, medical or non-medical information may be given to MIB, and such information may then be furnished by MIB, upon request, to a member company.
Your AUTHORIZATION may be used for a period of 24 months from the date you signed the application for insurance, unless sooner revoked. The AUTHORIZATION may be revoked at any time by notifying New York Life in writing at the address provided. Your revocation will not be effective to the extent New York Life or any other person already has disclosed or collected information or taken other action in reliance on it, or to the extent that New York Life has a legal right to contest a claim under an insurance certificate or the certificate itself. The information New York Life obtains through your AUTHORIZATION may become subject to further disclosure. For example, New York Life may be required to provide it to insurance, regulatory or other government agencies. In this case, the information may no longer be protected by the rules governing your AUTHORIZATION.
MIB and other insurance companies may also furnish New York Life, its subsidiaries or the Plan Administrator with non-medical information (such as driving records, past convictions, hazardous sport or aviation activity, use of alcohol or drugs, and other applications for insurance). The information provided may include information that may predate the time frame stated on the medical questions section, if any, on this application. This information may be used during the underwriting and claims processes, where permitted by law.
New York Life may release this information to the Plan Administrator, other insurance companies to which you may apply for life and health insurance, or to which a claim for benefits may be submitted and to others whom you authorize in writing, however, this will not be done in connection with test results concerning Acquired Immune Deficiency Syndrome (AIDS) or Human Immunodeficiency Virus (HIV). We may also make a brief report of your protected health information to MIB, but we will not disclose our underwriting decision
New York Life will not disclose such information to anyone except those you authorize or where required or permitted by law. Information in our files may be seen by New York Life and Plan Administrator employees, but only on a “need to know” basis in considering your request. Upon receipt of all requested information, we will make a determination as to whether your request for insurance can be approved.
If we cannot provide the coverage you requested, we will tell you why. If you feel our information is inaccurate, you will be given a chance to correct or complete the information in our files. Upon written request to New York Life or MIB, you will be provided with non-medical information. Generally, medical information will be given either directly to the proposed insured or to a medical professional designated by the proposed insured. Your request is handled in accordance with the Federal Fair Credit Reporting Act procedures. If you question the accuracy of the information provided by MIB, you may contact MIB and seek a correction. MIB’s information office is: MIB, Inc., 50 Braintree Hill Park, Suite 400, Braintree, MA 02184-8734, telephone 866-692-6901 (TTY 866 346-3642). Information for consumers about MIB may be obtained on its website at www.mib.com.
If we can provide the coverage you requested, we will inform you as to when such coverage will be effective. Under no circumstances will coverage be effective prior to this date. Payment of a premium contribution with your application does not mean there is any insurance in force before the effective date is determined by New York Life.
For NM Residents: Protected persons1 have a right of access to certain Confidential abuse information2 we maintain in our files and they may choose to receive such information directly. You have the right to register as a Protected person by sending a signed request to the Administrator at the address listed on the application. Please include your full name, date of birth and address.
1Protected person means a victim of domestic abuse: who has notified us that he/she is or has been a victim of domestic abuse; and who is an insured person or prospective insured person.
2Confidential abuse information means information about: acts of domestic abuse or abuse status; the work or home address or telephone number of a victim of domestic abuse; or the status of an applicant or insured as family member, employer or associate of a victim of domestic abuse or a person with whom an applicant or insured is known to have a direct, close, personal, family or abuse-related relationship.
New York Life Insurance Company 8.12ed
New York Life will not disclose such information to anyone except those you authorize or where required or permitted by law. We may make a brief report to MIB; however, we will not disclose If we can provide the coverage you requested, we will inform you as to when such coverage will be effective. Under no circumstances will coverage be effective prior to this date. Payment of a premium contribution with your application does not mean that there is any insurance in force before the effective date as determined by New York Life Insurance Company.
This information is only a brief description of the principal provisions and features of the AIA Trust Group Disability Income Insurance Plan. The complete terms and conditions including features, costs, eligibility, renewability, limitations and exclusions are contained in the Certificate of Insurance issued to each insured. The AIA Trust incurs certain administrative expenses in connection with this sponsored plan. To provide and maintain this valuable AIA membership benefit, the Trust is reimbursed for these expenses.
Hagan Barron Intermediaries
P.O. Box 1889
Sioux Falls, SD. 57101
Brian Hagan of Hagan Barron Intermediaries, is licensed/authorized to transact business in all 50 United States, and the District of Columbia. Their state of domicile is South Dakota. California Insurance license number is 0H62489. Arkansas Insurance license number is 94726.
The Group Disability Income Insurance Plan is underwritten by:
New York Life Insurance Company
51 Madison Avenue, New York, NY 10010
under Policy Form GMR-ER, Group Policy G-11108-0/FACE
New York Life is licensed/authorized to transact business in all the 50 United States, the District of Columbia and Puerto Rico.
Please note that this plan is currently not available to residents of Vermont and Washington.
New York Life Insurance Company’s state of domicile is New York and their NAIC ID # is 55915.