An illness or injury that prevents you from working could happen at any time. This loss of income can cause financial hardship and stress for your family. To help provide you peace of mind, H&R Block offers disability insurance that replaces a portion of your income to help you during this difficult time.
Who is eligible?
Regular associates who are scheduled to work a minimum of 20 hours per week are eligible for Disability benefits. Short-term Disability is provided at no cost to all eligible associates, and you can choose to enroll in Long-term Disability.
If you are injured or are diagnosed with an illness that will prevent you from working for an extended period of time, Short-term Disability (STD) coverage will support you financially. Here are the highlights:
- Provided by H&R Block to all eligible associates at no cost.
- You are automatically enrolled in this benefit on your 90th day of employment.
- Provides 100% of your base pay for the first 90 days.
- Provides 60% of your base pay from days 91 – 180.
When can I file a claim?
In order to receive STD benefits, your STD leave must be approved by New York Life Group Benefit Solutions. You will be eligible to file a claim for STD after 90 days of continuous employment, for an approved leave of absence that will continue for a minimum of 14 consecutive calendar days.
If you are seriously injured or are diagnosed with an illness that will prevent you from working for an extended period of time, Long-term Disability (LTD) coverage will support you financially. Here are the highlights:
- Provides 60% of your income (up to a maximum monthly benefit of $20,000).
- You are eligible to receive this benefit after you have been disabled for 180 consecutive days.
- The cost of coverage depends on your pay and a portion of the premium is shared by H&R Block.
Why should I enroll in LTD coverage?
Life can bring many unexpected challenges, and disability coverage can protect and support you financially if you are dealing with an illness or injury. While the company provides you with STD coverage at no cost to you, it’s important that you also enroll in LTD coverage.
Your STD coverage only provides you with support up until the 180th day of your disability. If you are ill or injured for a longer period than 180 days and cannot work, and you are not enrolled in LTD coverage, you will not receive pay. The last thing you want to worry about when you are sick or hurt is if you will be able to afford treatment; STD and LTD coverage work together to provide you with peace of mind and financial stability so you can focus on getting better.
Will I need to submit EOI?
If you do not elect coverage when first eligible, Evidence of Insurability (EOI) will be required if you choose to enroll in coverage at a later date.
LTD Rates
Learn more about your LTD benefits, including how much coverage will cost.