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WAEPA offers up to $1.5M in coverage, [12] as well as a Chronic Illness Rider, [13] Guaranteed Issue Group Term Life Insurance, [14] and Group Short-Term Disability Insurance [15] for new federal employees. Since 1996, WAEPA has refunded over $101 Million dollars in premiums to its members.
Disability Insurance, often called DI or disability income insurance, or income protection, is a form of insurance that insures the beneficiary's earned income against the risk that a disability creates a barrier for completion of core work functions. For example, the worker may be unable to maintain composure in the case of psychological ...
Short-term disability insurance can temporarily replace your paychecks if you can't work because of an injury or illness. Some employers provide short-term disability insurance as an employee ...
Long term disability Insurance serves to replace a portion of an individual's income during an extended period of a disabling illness or accident. [91] [92] The company also maintains an absence management product which allows employers to track and manage both planned and unplanned employee absences. The product, which MetLife calls MetLife ...
Disability insurance includes short-term disability, which covers part of your earnings for a few months while you recover, and long-term disability, which covers part of your income for years.
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