Overview

Did you know that at least 51 million working adults in the United States are without disability insurance other than the basic coverage available through Social Security1? It is also true that only 48 percent of American adults indicate they have enough savings to cover three months of living expenses in the event they’re not earning any income2. We insure our health, home and even our cars. But, it’s also important to insure your paycheck with benefits like Short-Term and Long-Term Disability coverage. Rollins offers Short-Term and Long-Term Disability coverage through Voya, which can pay a percentage of your pay if you become injured or are unable to work.

1 American Council of Life Insurers
2 Federal Reserve, Report on the Economic Well-Being of U.S. Households in 2016

Short-Term Disability

Short-Term Disability insurance provides a weekly benefit amount of 50% of your basic weekly earnings, up to a maximum of $2,500 per week, for a maximum duration of 13 weeks. There is a waiting period of 7 days for illness and injury before your short-term disability coverage begins. You must use your Rollins sick time or paid time off to receive pay during the waiting period.

Long-Term Disability

After you have been disabled for 90 days, long-term disability coverage pays 60% of your salary, up to a maximum monthly benefit of $15,000, depending on your employment status.

Key things to know about your coverage (as a new hire)

If you sign up for STD/LTD coverage when you are first eligible:

  • You will not have to answer any medical questions.
  • You will be enrolled for coverage the first of the month following 60 days of employment.
  • There is no pre-existing condition clause for STD.
  • There is a 6/12 pre-existing condition clause for LTD, which means if you’ve been treated for a specific condition in the past six months and are unable to work due to this specific condition in the first 12 months of having coverage, you will not be eligible for LTD.

If you do not sign up for STD/LTD coverage when you are first eligible as a new hire:

  • You will have to complete a Medical Questionnaire if you wish to apply for coverage at a later date.
  • Voya will review the Medical Questionnaire and determine if you will be approved for STD coverage.
  • Voya can deny coverage at this time.
  • Coverage can be denied if you have a current or past medical condition (including pregnancy) or are taking medication for a condition.
WHAT WILL YOU PAY?

Your specific premiums per pay period will be displayed as you’re enrolling on the enrollment site. Or, you can click to see what you’ll pay now.

KEY THINGS TO KNOW

For new hires, it is important to note there is no pre-existing condition clause for STD and a 6/12 pre-existing condition clause for LTD, which means if you’ve been treated for a specific condition in the past three months for STD or six months for LTD and are unable to work due to this specific condition in the first 12 months of having coverage, you will not be eligible for this benefit.

FOR STATES THAT PROVIDE SDI COVERAGE

If you enroll in STD and you live in a state that provides state disability insurance (SDI), such as Hawaii, New York, New Jersey, California or Rhode Island you may only receive a limited benefit from the Rollins STD Plan. The plan administrator for the Rollins STD benefit (i.e., Voya) will offset any SDI benefit up to the maximum benefit provided through the Rollins’ plan (typically a maximum of 50% of your weekly wage). If you live in one of these states, research whether or not this benefit would pay you in the event of a short‐term disability before you enroll in the Rollins STD Plan.