New York State Employee Disability and Short Term Disability Benefits
STD coverage provides a weekly benefit to covered employees when they are unable to work due to a non-occupational sickness, injury or pregnancy.
The plan typically has the following features:
For example, in New York, an employer must provide a minimum level of benefits of 50% to a maximum weekly benefit of $170 per week. Benefits begin on the eighth day of disability and last a maximum duration of 26 weeks. Employees cannot contribute more than one-half of one percent of the first $120 of weekly wages, to a maximum of $.60 per week. A plan can be structured where richer benefits can be provided and can be paid for either by the employer or employees through payroll deductions.
Group STD or DBL plans are experience rated beginning at 100 enrolled employees.
JayMar Insurance Agency will work with you to design a plan that meets your needs and provides your employees with income protection to help them when disabled.
Request A Quote From JayMar
Request a quote from JayMar Insurance Agency by supplying us with some basic information pertaining to your interests and your contact information. We will respond to you promptly by setting up a meeting for a no cost-no obligation review of your insurance plans.
The Jaymar Resource Center
Stay Informed With The JayMar Family
We want to keep you abreast of any developments in the insurance field or related to subjects that can help you make the most informed decisions pertaining to your coverage.