Laserfiche WebLink
JAN -14 -98 WED 12:22 PM CFG INSURANCE SERVICES <br />FAX NO, 612 945 9477 P, 09/09 <br />MONTHLY PAYMENT means your payment aftet any deductible sources of 1 <br />Incomt. r • been subluoterar your grg„2dis0bII1tyJp@yant, i <br />'Monthly Eami gs" means your gross monthly Iicame from your Employer Ir effect <br />just prior_ O4Otir date of disability. It inr}oCludec-yaurtotal Income before taxes rand <br />any deduction ade for pre-tax contributions to a qualified l no include r deferred comps ea ton <br />plan :Salton 26 plarr6Y ffexibteipar 6Cng a000 <br />received from commissions, bonuses, overtime pay, any other extra compensation, <br />or income received from sources other than your Employer, <br />WHAT WILL WE USE FOR MONTHLY EARNINGS IF YOU BECOME DISABLED <br />DURING A COVERED LAYOFF OR LEAVE OF ABSENCE? <br />If you become disabled while you are on a covered layoff or leave of absence, we <br />will use your monthly earnings from your Employer in effect just prior to the date <br />your absence begins. <br />HOW MUCH VY#LL�I(NUM PAY ROW you A DISABLE5AND N(D KINQ2 <br />• <br />We will send you the monthly p�a�yment if ypouare disabled and your monthly' Is <br />ability earnings, if arty, arelas4fan 20% of pour Indexed monthly earn l lg due to <br />the sieme sicknnessior fnJury. <br />If you arirdoleabl and your monthly disabiIi�ty eamings are 20% or more of our <br />Indetsrf n onttl + eamhigs, due te- hersame sickness-or-injury, UNUM will re your <br />payment as follows: <br />During the first 12 months of payments, while working, your monthly payment will <br />not be reduced as long as disability earnings plus the gross disability payment does <br />not exceed 10096 of indexed monthly earnings. <br />1. Add your monthly disability earnings to your gross disability payment. <br />2. Compare the answer in Item 1 to your Indexed monthly earnings. <br />If the answer from item 1 is less than or equal to 100% of your indexed monthly <br />eamingt UNt iN wilt not'fattha reduce yourmonthly payment <br />eoa <br />If the an■wetom item 1 is mons than 100% bf your indexed monthly a <br />UNUM will subtract the ameunt'o er f 00% from your manthty'payment. <br />After 12 monthb at payments, white wording; yyou WRI receive payments b$se 1 on <br />the peraenta a otineome you arc losing duwto-youJdisability. <br />1. Subtract your disability earnings from your Indexed monthly earnings. <br />2. Divide the answer in Item 1 by your Indexed monthly earnings. This is your per- <br />centage of lost earnings. <br />3. Multiply your monthly payment by the answer in item 2, <br />This is the amount UNUM will pay you each month, <br />LTD -BEN -4 (111/1998) <br />•SINX i411 nnHn»e Ind tr❑7b0 a 'EY •Y4 <br />Page 66 <br />