Group Disability Income Insurance
The Missing Piece to Help Withstand the Unexpected
The word disability often triggers thoughts of broken bones, casts, and wheelchairs. However, a Total Disability is not limited to bodily injury. It is an illness or injury that keeps you from performing the material and substantial duties of your usual occupation. If you were struck with a Total Disability and unable to work, would you be able to afford your standard cost of living on top of medical expenses? Let the ASCE help safeguard against the potentially devastating consequences a disability could have on your finances through our Group Disability Income Insurance.
With ASCE Group Disability Income Insurance, you'll have access to the following benefits if you become Totally Disabled:
- Choose from two plan options: Career Plan and Five-Year Plan
- Your choice of monthly benefit (from $150 to $8,550 per month)
- Your choice of waiting period (30, 90, 180, or 365 days)
- Spouse benefit available (not available to NH residents)
- Premium payments waived while receiving Total Disability Benefits
- Benefits for recurring disability
- Partial Disability Benefit
- Rehabilitation Benefit
- Survivor Benefit
- Organ Transplant Benefit
- Protection for up to 60% of your basic monthly salary
- Portable coverage that stays with you no matter where you work, provided you pay your membership dues and your premium when due
With this coverage, you will receive:
- Choice of two benefit plans
- Choice of four waiting periods
- Monthly benefit of up to $8,550, in units of $150
- Benefits paid up to age 65 or more
Help protect your very important asset of earning an income—apply today!
*Can reside in Canada (except Quebec).
"It can be a struggle to find someone who understands the engineering profession, but I couldn’t be happier with ASCE’s insurance service and products. Their prices are competitive and the customer service is hassle-free. Their representatives helped me find what I needed and provided it quickly. I particularly appreciate how easy and timely our renewal process has been, especially since it takes place at a busy time of year."
— Kathy M., CFO and Office Manager of Engineering Firm
Frequently Asked Questions
Who is eligible for ASCE Group Disability Income Insurance?
If you're an ASCE member, under age 70, a resident of the United States (excluding NC, VT, WA, and territories), Puerto Rico, or Canada (excluding Quebec), at FULL-TIME WORK*, with a gross annual income of $20,000, you’re eligible to apply for monthly benefits of $150 to $8,550 (in units of $150) in ASCE Group Disability Income Insurance.
If you apply for or are covered under ASCE Group Disability Income Insurance, you may request coverage for your lawful spouse who is under age 60, not insured as a member, and actively performing the normal activities of a person in good health of like age with the same resident requirements as for members. You, the member, must be insured for a minimum of $600 a month for your spouse to be eligible for $500 per month, payable up to two years, with a 30-day elimination (waiting) period. The spouse benefit is not available to residents of NH.
*Please refer to plan brochure for complete details, including features, costs, eligibility, renewability, limitations, and exclusions. Not intended for residents of New Mexico. Underwritten by New York Life Insurance Company
New York Life Insurance Company
New York Life Insurance Company (New York Life) is a leader in the association group insurance field, providing life and health insurance plans for associations. The company has an enduring commitment to its customers' financial security. Regardless of the state of the economy or the stock market, New York Life bases its financial decisions on the guiding principle of serving its clients. New York Life Insurance Company has received the highest ratings for financial strength currently awarded to any U.S. life insurer by all four major rating agencies including Moody’s Investor Service (Aaa), Standard & Poor’s (AA+), Fitch Ratings (AAA), and A.M. Best (A++).*
New York Life is licensed/authorized to transact business in all of the 50 United States, the District of Columbia, Puerto Rico, and Canada. However, not all group plans it underwrites are available in all jurisdictions. Please check the Plan details section for current availability. Not available to New Mexico residents.
New York Life
State of Domicile: New York
NAIC ID #66915
51 Madison Avenue
New York, NY 10010 USA
*Individual Third Party Ratings Reports (as of 9/23/19)
This plan is underwritten by New York Life Insurance Company, under Group Policy No. G-12601, on Policy Form GMR-G-12601/FACE.
New York Life is licensed/authorized to transact business in all of the 50 United States, the District of Columbia, Puerto Rico and Canada. However, not all group plans it underwrites are available in all jurisdictions. Please check the applicable insurance brochures for current availability. Not available to New Mexico residents.
New York Life’s state of domicile is New York, and NAIC ID # is 66915.
New York Life Insurance Company, a leading insurance company, rated A++ by A.M. Best for financial strength (9/23/19).