800.569.6535

Accident (5 yr) & Sickness (2yr) Disability Insurance

If your Total Disability begins:
Benefits Paid:
ACCIDENT BENEFITS
Prior to Age 60
5 year/ 60 Months
Between Age 60 & 65
To Age 67
On or After Age 65`
2 year/ 24 Months
SICKNESS BENEFITS
Prior to Age 65
24 Months
On or After Age 65
The greater of Age 67 or 12 Months

Current 2016 semi-annual rates for each $1,000 of monthly benefits - DOCTORS, PHYSICIANS ASSISTANTS & NURSE PRACTITIONERS

Age
90- Day Waiting Period
180- Day Waiting Period
Under 30
$38.06
$22.04
Age 30 but before age 40
$50.53
$29.26
Age 40 but before age 50
$65.20
$37.25
Age 50 but before age 60
$83.83
$48.05
Age 60 but before age 65
$108.01
$65.20
Age 65 but before age 70
$154.20
$87.05

Current 2016 semi-annual rates for each $1,000 of monthly benefits - DENTISTS

Age
90- Day Waiting Period
180- Day Waiting Period
Under 30
$52.27
$44.28
Age 30 but before age 40
$76.69
$64.58
Age 40 but before age 50
$95.40
$80.51
Age 50 but before age 60
$118.74
$100.28
Age 60 but before age 65
$137.87
$116.64
Age 65 but before age 70
$182.89
$153.95

New York Life reserves the right to change premiums on any due date only if they are changed for all the other insured’s in the same insurance class. For example, a “class” is a group of insureds who share the same age.  The changes can only be made once in any 365 day period.

Exclusions and Limitations

Preexisting condition is defined as an injury or sickness or any related condition for which a person consults a doctor, receives medical services, supplies, or takes medication during the 12 month period immediately before the effective date of insurance. 

Our policy does not cover any disabilities or losses caused or contributed to by: War or any act of war whether declared or undeclared; intentionally self-inflicted injury; traveling in, or flying any aircraft operated by or under the direction of any military (land, sea or air) authority or while in any aircraft being used for any test or experimental purpose; pregnancy beginning before or during the first 30 days after your policy takes effect; service in the armed forces of any country or authority (in such even the pro rata unearned premium will be returned to you); or commission or attempted commission of a felony. In addition, you will not be entitled to benefits for two periods of disability at the same time.

Benefits for disabilities due to mental, nervous disorders or to alcoholism, chemical dependency or substance abuse are subject to a maximum of two years of payment.

30- Day Free Look

When you receive your Certificate of Insurance, examine it carefully. If you are not completely satisfied with your Level Term Disability Insurance Coverage, simply return your certificate, without claim, within 30 days with your request for a full refund of any premium paid.

No questions will be asked and there will be no further obligation.

This website provides a general description of the insurance plan offered and is not a contract.  Complete terms, conditions, definitions, exclusions, limitations, and renewability requirements are detailed in Group Policy G-29482-0/GMR-FACE issued to the Insurance Trust of the Professions.  When you become insured, you will be sent a Certificate of Insurance summarizing your benefits under the plan. 

Questions? Call: 800-569-6535

Plan Administrator:

Sidney A. Sass and Associates

4400 HWY 9, Suite 2800

Freehold, NJ 07728

Fax: 732-431-1707

Email: mail@sassassociates.com

CA License #0549790

 

Underwritten by:

New York Life Insurance Company

51 Madison Avenue, New York, NY 10010

NAIC #66915

On Policy Form G-29482-0/GMR-FACE