2024-UATP-Benefits Guide

LIFE & DISABILITY

LIFE AND DISABILITY INSURANCE BASIC LIFE AND ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE —UATP offers employees life and accidental death and dismemberment insurance through Lincoln Financial with a benefit amount of two times base salary with a maximum benefit of $500,000. UATP covers the cost of this benefit. LONG TERM DISABILITY INCOME INSURANCE —UATP offers a long - term disability benefit to protect income in case of an injury, illness or disease that causes you to be partially or totally disabled for longer than a 90 - day period. The benefit is equal to 60% of basic monthly earnings up to a monthly maximum benefit of $15,000. UATP covers the cost of this benefit. SHORT TERM DISABILITY —Short term disability provides financial protection in the event you are disabled. Short term disability is offered through Lincoln Financial. The benefit is equal to 60% of basic weekly earnings up to $2,500 per week. Benefits begin on the 8th day of disability, for up to a maximum of 13 weeks. UATP covers the cost of this benefit. SUPPLEMENTAL LIFE AND ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE —UATP offers a voluntary life and AD&D insurance plan for employees, spouses, and their dependent children through Lincoln Financial. Employee supplemental life may be purchased in increments of $10,000, up to a maximum of $500,000, but not to exceed five times your base salary. Spousal supplemental life cannot exceed 50% of the amount purchased by the employee. Supplemental life in the amount of $10,000 can be purchased for dependent children age 6 months to 19 years, or 25 years if a full - time student. Employees are responsible for the cost of this benefit.

ADDITIONAL BENEFITS | UATP

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