UNUM and VSDP Differences
Please Note: The chart below is intended to compare key features between UNUM and the VSDP and is therefore not comprehensive. For more details, consult the UNUM benefit booklet you received. UNUM policy provisions, as stated in your booklet, will prevail over any interpretations appearing below.
You can click on a link below to find information on a specific area;
or scroll down to see the key differences between the plans.
|Waiting Period||Elimination Period||Requirement for Active Employment|
|Cost of Insurance||Evidence of Insurability||Requirement for Application|
|Open Enrollment Time||Amount of Earnings Protected||Basic Monthly Earnings|
|Offset||Continuance While on Leave||Sickness (Defined)|
|Injury (Defined)||Disability Provisions||Determinations of Disability|
|Adjustments in Benefits Payable||Earned Income Impact on Disability||Benefits Cessation|
|Recurrent Disability||Mental Illness||Portability|
|Waiting Period (defined)||Defined as the time you must complete before eligible for the plan||(no waiting period applies for plan eligibility)|
|Waiting Period for New Employees||Applies to new employees only and depends on start date. A minimum of 30 or 60 days will apply. First of the month coinciding with or next following one month of active employment.||(no waiting period applies for plan eligibility)|
(how long a person must be deemed disabled before income received)
7 Days for Short-Term Disability
|Minimum Requirement for Active Employment||Salaried with at least 20 hours per week||Salaried with at least 20 hours per week|
|Cost of Insurance||
|Evidence of Insurability||Group coverage provides||(none)|
|Requirement for Application||"Guaranteed Issue"|
|For eligible persons:
|Amount of Earnings Protected||Maximum benefit is $5,000 monthly. May choose to cover 50%, 40% or 25% of earnings.
Upon authorization, benefits paid until:
Plan available through Colonial
Insurance Company. Coverage ranges from
$400 to $3000 per month.
Maximum of 66 2/3 % of your pay.
|Basic Monthly Earnings||Your plan anniversary is Jan. 1,
except for new participants not insured on the annual anniversary date. For these enrollees, insured earnings will be the earnings as of date of hire.
|Offset||(none)||Earned income after 12 months of Long-Term disability. Offsets may apply for Workers Comp and other earnings.|
|Continuance While On Leave||
||Eligible for benefits while in Paid Leave status or Leave Without Pay (LWOP) status if waiting period and medical conditions are satisfied.|
|Sickness (defined)||Defined as illness or disease||(same definition)|
|Injury (defined)||Defined as bodily injury which is accidental or independent of other causes||(same definition)|
|Disability Provisions||Partial Disability:
|Determinations of Disability||Requires physician involvement||Requires physician involvement|
|Adjustment in Benefits Payable||Only adjusted if still actively employed and salary increases.||Long-Term Disability: 60% (or 80% if catastrophic).
|Earned Income Impact on Disability Earnings||Will offset VSDP||(offsets apply)|
|Benefit Cessation||When your earnings from employment (NOVA and/or other) exceed 80% of your pre indexed earnings. Benefits cease at death, if the disability ends, or the maximum period is reached. ADEA provisions may apply.||
|Recurrent Disability||If you return to your regular occupation on a full-time basis for 6 months or more, a recurrent disability will be treated as a new period of disability. You must complete another elimination period. (For further information, see Page 14 of your Plan Description.)||
|Mental Illness||Cap on outpatient||No distinction between mental and physical disability.|