Proprietary 8-23 8 DISABILITY INSURANCE PLANS MetLife Long-Term Disability (LTD) Insurance Plan The LTD plan provides a monthly benefit if you become disabled. If you are an agent or district manager, you will have the option to enroll in the MetLife LTD Insurance Plan. If you elect coverage, you must participate in the plan until the end of the plan year, unless you experience a qualified status event. Participants who have previously waived coverage will be subject to restrictions and the 3/12 pre-existing condition clause described in the box below. You are disabled when MetLife determines that you are unable to perform with reasonable continuity the Substantial and Material Acts necessary to pursue your Usual Occupation in the usual and customary way and you have a 20% or more loss in your monthly new business commissions due to the same sickness. After your elimination period of 180 days plus the following 24 months of continuous disability, you are disabled when MetLife determines that, due to the same sickness or injury, you are unable to perform the duties of any gainful occupation for which you are reasonably fit by education, training or experience. Note: Elimination period means the period of your disability during which MetLife does not pay benefits. The elimination period begins on the date that you become medically disabled and continues for 180 days. Your monthly LTD benefit is 60% of your new business commissions. The highest benefit payable is $15,000 per month. LTD coverage does not require an “evidence of insurability” form, if you enroll within 31 days of becoming eligible. If you wish to enroll at any time after that, you will need to complete the form, and it is subject to approval by the insurance carrier. disability plans
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