Benefits Basics
Colonial Life enrollment in Harmony – Accident, HI, CI – NO DI – NJ state DI is what they have.
Cincinnati Life – Application Link
Payroll Deduction – Bi-Weekly
Term Life 10, 20, 20 ROP (return of premium)
Whole Life to 100, to 65
First Deduction date will be 7/9
Cin Fin Contract date 8/1/21
Eligibility is 20+ hours – 30 days on the day
Lincoln LTD 180 days – 6 months. STD is state DI
Link in Harmony to elect coverage
BENEFIT PERCENTAGE: 60%
MAXIMUM MONTHLY BENEFIT: $6,000
MINIMUM MONTHLY BENEFIT: $100
Long-Term Disability Benefits for PRE-EXISTING CONDITIONS will be subject to the Pre-Existing
Condition Exclusion on the Exclusion page.
The Maximum Monthly Benefit will not exceed the Benefit Percentage times Basic Monthly Earnings.
ELIMINATION PERIOD: 180 calendar days of Disability caused by the same or a related Sickness or Injury,
which must be accumulated within a 360 calendar day period.
MAXIMUM BENEFIT PERIOD: (For Sickness, Injury or Pre-Existing Conditions): The Insured Employee’s
Social Security Normal Retirement Age, or the Maximum Benefit Period shown below (whichever is later).
AblePay – FAQ – COMMUNICATION ONLY
https://enroll.ablepayhealth.com/apply
Colonial Life Highlights
Cin Fin Highlights
CinFin offers three comprehensive options:
"IF”: Term Life insurance provides guaranteed protection for a specified time period and pays a benefit if you die in this period of time.
“WHEN” Whole life insurance is permanent life insurance and costs more than term because the policy is designed to cover you for your whole life.
”THEN”ー Return on Premium life insurance with a money-back guarantee after the 20 years.
Employee Guarantee – any combination of WL/Term/Term ROP (up to age 50 Only)
Ages 18 – 50 = $100,000 / Ages 51 – 60 = $75,000/ Ages 61 – 70 = $25,000
Spouse Guarantee Must work outside the home 20 hours or more per week
Ages 18 – 60 = $15,000 WL Products Only / Ages 18 – 60 = $25,000 WL/Term/Term ROP with stipulation that employee purchased on self. Non Working Spouse can purchase
Ages 61 – 70 = Simplified Issue
Dependent Children Guarantee
Ages 15 days – 17 years = $10,000 WL Products Only
Ages 18-25 = $10,000 WL Products or $25,000 of Term/Term ROP.**
**Choose one of these options for Guaranteed Issue
Must be Full-time Students, unmarried, and not in the military.
Grandchildren
Ages 15 days -18 years = Simplified Issue Whole Life Products Only