Disability Insurance
You probably have insurance on your car or home, but what about the source of income that pays for it? You depend on your paycheck for many things, but what if you're suddenly unable to work due to an accident or illness? How will you put food on the table, pay your mortgage, or heat your house? Disability insurance can help replace lost income and make a difficult time a little easier.
Short Term Disability
Funded 100% by Fireclay, but you must sign up to choose your recipients.
Accident Benefits Begin: The period of time you must be disabled before benefits begin: 8th day
Sickness Benefits Begin: The period of time you must be disabled before benefits begin: 8th day
Benefit can last up to 12 weeks
Long Term Disability
Funded 100% by Fireclay, but you must sign up to choose your recipients.
Accident Benefits Begin: How long you must be disabled before benefits begin: 91 days
Sickness Benefits Begin: The length of time you must be disabled before benefits begin: 91 days
Elimination period of 90 days before the beginning of the benefit. The benefit can last depending on the disability until the normal Social Security retirement age.
Even if you never miss a single day of work due to an accident or illness, you'll have peace of mind knowing that you can replace at least a portion of your income if you ever need to.
Life Insurance
Your family depends on you in many ways and you’ve worked hard to ensure their financial security. But if something happened to you, will your family be protected? Will your loved ones be able to stay in their home, pay bills, and prepare for the future. Life insurance provides a financial benefit that your family can depend on. And getting it at work is easier, more convenient and more affordable than doing it on your own. If you have financial dependents- a spouse, children or aging parents, having life insurance is a responsible and a smart decision. Enroll today to secure their future!
Basic Life Insurance – Guardian 1X Salary
Fireclay Tile automatically provides full-time employees with basic life insurance coverage, through Guardian, in the amount of 100% of your annual salary, to a maximum of $150,000 with a minimum amount of $10,000.
100% Funded by Fireclay, but you must enroll to elect your beneficiaries.
If you die before your dependents, this benefit can help replace your income.
Life Insurance - Voluntary Purchase
Employees can purchase additional life insurance for themselves of up to $500,000 in $10,000 increments.
Life Insurance can also be purchased for a Spouse up to $250,000 in $5,000 increments not to exceed 50% of the Employee’s elected amount. A Child(ren) benefit can be purchased up to $10,000 in $5,000 increments.
As a company we are required to have at least 25% of team members enrolled. If this minimum is not meant, the benefit will not be available. If you are interested, please do elect it in Open Enrollment
FAQ
Q: What is an Evidence of Insurability (EOI)?
A: An EOI is a record of a person's past and current health events. It's used by insurance companies to verify whether a person meets the definition of good health.
Q: When do I need to complete an EOI?
A: You would need to complete an EOI if you are applying for an amount above the guaranteed issue. (Guaranteed issue for employee is $150,000)
Q: Need Assistance?
A: Call the Guardian Helpline (888) 600-1600, weekdays, 8:00 AM to 8:30 PM, EST. Refer to your member ID (social security number) and your plan number: 00510070.
