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Jefferson Pilot Life Ins.#1
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RFP No. 01-10-01 Employee Dental, Life, Insurance
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Jefferson Pilot Life Ins.#1
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Last modified
6/18/2012 10:02:26 PM
Creation date
12/28/2010 3:46:06 PM
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CityClerk-Bids_RFP_RFQ
Project Name
Employee Insurance
Bid No. (xx-xx-xx)
01-10-01
Project Type (Bid, RFP, RFQ)
RFP
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PARTIAL DISABILITY MONTHLY BENEFIT <br />(Continued) <br />0 ENEFIT AMOUNT. The Partial Disability Monthly Benefit will replace the Insured Employee's Lost Income; provided it <br />does not exceed the Total Disability Monthly Benefit, which would otherwise be payable during Total Disability without the <br />Partial Disability Employment. <br />Thus, the amount of the Partial Disability Monthly Benefit will equal the lesser of A or B below. <br />A. LOST INCOME: The Insured Employee's Predisability Income, minus all Other Income Benefits <br />(including earnings from Partial Disability Employment). <br />B. TOTAL DISABILITY MONTHLY BENEFIT otherwise payable: <br />1. The Insured Employee's Predisability Income multiplied by the Benefit Percentage <br />(limited to the Maximum Monthly Benefit); minus <br />2. Other Income Benefits, except for earnings from Partial Disability Employment. <br />The Partial Disability Monthly Benefit will never be less than the Minimum Monthly Benefit. The Benefit Percentage, <br />Maximum Monthly Benefit, Minimum Monthly Benefit, and Maximum Benefit Period are shown in the Schedule of Benefits. <br />r1 <br />ICJ <br />r � <br />U <br />Progressive Calculation <br />GL3001- LTD -13.4 <br />21 01 /01 /01 <br />
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