Disability Insurance

Disability coverage provides the financial security of knowing that you will continue to receive income if you are unable to work due to illness or injury.

Short-Term Disability – Arke pays 50%

Even a few weeks away from work can make it difficult to manage household expenses. Short-Term Disability is available to you through Guardian. This coverage will pay up to 60% of your weekly salary up to a maximum of $2,400 for non-workrelated illnesses or injuries, so you can focus on getting better and worry less about keeping up with your bills. Benefits begin on the 1st day for injuries and 8th day for illnesses. Benefits are payable up to a maximum of 13 weeks.

The cost of short-term disability coverage is determined by the weekly salary amount. Arke Systems will contribute 50% toward the monthly premium for short-term disability.

Long-Term Disability – Company Paid

Serious illnesses or injuries can come out of nowhere. They can interrupt your life and your ability to work for months ─ even years. Long-Term Disability coverage is provided to you through Guardian. This benefit pays 60% of your monthly earnings in the event of a disability after 90 days for illnesses or injuries up to a maximum weekly benefit of $10,000. The Long-Term Disability benefit pays up to the Social Security Normal Retirement Age (SSNRA).

For all full-time employees, Arke Systems pays 100% of the monthly premium for long-term disability coverage.

Pre-existing condition limitation

The disability policies include a pre-existing condition limitation. The policies will not pay, in the first 12 months of the policy, for a condition that you had within 3 months prior to the effective date.

You have a pre-existing condition if you received medical treatment, consultation, care or services including diagnostic measures for the condition, or took prescribed drugs or medicines for it in the 3 months just prior to your effective date of coverage.