Disability
Disability insurance can keep you financially stable should you become disabled and unable to work. It can help provide a sense of security, knowing that if the unexpected should happen, you’ll still receive a monthly income.
The group definitions are as follows:
Group 1: Equity Partners
Group 2: Grandfathered Attorney-Consulting Professionals (Formerly from Group 1)
Group 3: Attorney and Consulting Professionals
Group 4: Business and Administrative Professionals: Supervisors, Managers, Directors & above
Group 5: Business and Administrative Professionals: Staff, Paralegals, Secretaries
Short-Term Disability (STD)
- You are eligible to receive STD benefits after you have been disabled for 90 days for Group 1, as of 1st day of disability for Group 2 & 3, and after 7 days for Group 4 & 5 due to a non-work-related illness or injury.
- All Groups: Replaces up to 67% of your eligible income, up to a maximum of $3,462 per week.
- Group 1: Benefits end after 40 weeks
- Group 2 & 3: Benefits end after 52 weeks
- Group 4 & 5: Benefits end after 51 weeks
Long-Term Disability (LTD)
- All Groups: You are eligible to receive LTD benefits after 365 days of disability.
- All Groups: Replaces up to 60% of your eligible income, up to a maximum of $15,000 per month until you recover or reach your Social Security Normal Retirement Age, whichever is sooner.
Supplemental Long-Term Disability
- Available to Group 1, 2, 3 and 4 employees only. If you would like more Long-Term Disability coverage than the base plan provided by Manatt, you can choose to purchase a supplemental policy for yourself during scheduled open enrollment for this disability plan. Below is a brief overview of the coverage available. For more details, please contact Benefits@manatt.com.
- You are eligible to receive Supplemental LTD benefits after 180 days of disability.
- Base coverage: Up to $12,500 per month
- With simplified medical underwriting: Up to an additional $7,500 per month
- Total maximum benefit available: $20,000 per month