Are there any Evidence of Insurability (EOI) requirements for the Long Term Disability Plan?
A. You may increase your Long Term Disability coverage one level (from 50% of annual base salary to 66 2/3%) without Evidence of Insurability (EOI), but you must have EOI to move from No Coverage to the 66 2/3% coverage level. New hires can enroll into either coverage level without EOI. If you are enrolling for the first time, a pre-existing condition exclusion applies. This means that benefits will not be paid for any disability caused by a medical condition that existed before your coverage began until you have gone three months without needing treatment for that condition or you have been enrolled for 12 months, whichever occurs first. This same provision applies for increasing coverage from the 50% to the 66 2/3 % level. When EOI is required, you’ll automatically receive the next lowest coverage level available while your EOI form is being approved. An EOI form will be included with your Confirmation Statement, and you will need to complete and return it in the envelope provided.
