How much disability income insurance do I need?
ASCE members age 55 and under in good standing are eligible to apply. Individuals must be actively employed, reside in the United States, and earn a minimum of $12,000. This plan is not currently available in all states. For details, call the Plan Administrator, Pearl Insurance, at 800.650.ASCE (2723).
What constitutes a disability under this plan of insurance?
Benefits are paid when you are disabled as a result of an injury or sickness that begins while you are covered under this benefit you have lost the ability to safely and completely perform two or more activities of daily living without another person’s active assistance or verbal cueing; or are cognitively impaired and need another person's assistance or verbal cueing for your protection or for the protection of others. The suspension, revocation, or surrender of a professional or occupational licenses or certificate does not constitute Catastrophic Disability. See brochure under the Forms tab for further policy definitions.
What is the waiting period?
A waiting period is the number of consecutive days you must be Totally Disabled before benefit payments begin. You can choose from four waiting periods: 60, 90, 180 or 360 days.
How long are benefits payable?
You can choose from three benefit period options: to age 65, 10-year, or 5-year. See brochure under the Forms tab for complete benefit period details.
How much insurance can I apply for?
ASCE Group Catastrophic Disability Insurance provides up to 100% income replacement, with a maximum of $10,000 per month. In-force disability insurance is taken into consideration at time of application.
Do I have to meet with an insurance agent?
Issuance of this policy is handled over the Internet and the mail. You can review the materials in the privacy of your home and purchase your policy directly through the mail without meeting with an agent. You can, of course, talk to a licensed representative if you'd like by calling the Policy Administrator, Pearl Insurance, at 800.650.2723 (ASCE).
What if I have second thoughts after I apply?
You will have 30 days from the date of receipt to review the insurance certificate. If you are not satisfied with the terms of the certificate, simply return it to the Policy Administrator, Pearl Insurance, and any premiums paid will be refunded in full.
How do I apply?
Download the ASCE Group Catastrophic Disability Income Insurance application located under the forms tab and follow the instructions.