Short-term disability insurance salaried partners
Short-term disability pays a portion of your earnings while you are temporarily disabled. Partners in California, Hawaii, New Jersey, New York and Rhode Island are also covered under a state disability plan. Short-term disability benefits from Petco are reduced by payments you receive from state plans. Officers and directors are not eligible for buy-up coverage.
Coverage | Waiting Period | Coverage Amount | Paid By |
Basic short-term disability | 7 days | 60% of eligible weekly earnings up to: - Salaried partners: $500 - Directors: $2,000 | Petco |
Buy-up short-term disability1 | 7 days | 67% of eligible weekly earnings up to: - Salaried partners: $1,500 | You |
1 Officers and Directors are not eligible for Buy-up coverage.
Long-term disability insurance salaried partners
Long-term disability provides financial protection in the event you are unable to work for an extended period of time. Benefits begin after 180 days of disability and continue until you are no longer disabled or reach age 65 (if you become disabled at age 60 or younger). If you become disabled after age 60, benefits continue according to a schedule. Refer to the Summary Plan Description for more information.
Coverage | Waiting Period | Coverage Amount | Paid By |
Basic long-term disability | 180 days | 60% of eligible monthly earnings up to: - Salaried partners & Directors: $11,500 - Officers: $22,000 | Petco |
Buy-up long-term disability1 | 180 days | 67% of eligible monthly earnings up to: - Salaried partners: $11,500 | You |
Short-term disability insurance hourly partners
Short-term disability pays a portion of your earnings while you are temporarily disabled. Partners in California, Hawaii, New Jersey, New York and Rhode Island are also covered under a state disability plan. Short-term disability benefits from Petco are reduced by payments you receive from state plans.
Coverage | Waiting Period | Coverage Amount | Paid By |
Buy-up short-term disability1 | 7 days | 60% of eligible weekly earnings up to $500 per week | You |
Long-term disability insurance hourly partners
Long-term disability provides financial protection in the event you are unable to work for an extended period of time. Benefits begin after 180 days of disability and continue until you are no longer disabled or reach age 65 (if you become disabled at age 60 or younger). If you become disabled after age 60, benefits continue according to a schedule. Refer to the Summary Plan Description for more information.
Coverage | Waiting Period | Coverage Amount | Paid By |
Buy-up long-term disability1 | 180 days | 60% of eligible monthly earnings up to $2,000 | You |
Liberty Mutual
Telephone number: 800-320-7585
Website: https://www.mylincolnportal.com (Company code: PETCO)