Group Short-Term Disability Insurance Rates
WAEPA offers exclusive rates for Short-Term Disability Insurance that vary based on gender and age. It’s paycheck protection when you need it most.
How Coverage and Rates Change Over Time
Premiums by Age Bands
Our Short-Term Disability Insurance premium rates are structured in 5-year age bands. Your rate will increase when you reach a new age band. Coverage automatically renews on an annual basis provided premiums are paid when due.
Example of How Rates Change
John is currently 39 years old. He pays $4.60 (monthly) for his short-term coverage that includes a $1,000 benefit with a 30-day elimination period. He will pay this rate from age 35 to 39.
- Upon his 40th birthday, his rate will increase to $5.90 (monthly). This
will be his rate from age 40-44.
- At age 45, he’ll pay $7.80 (monthly).
WAEPA members can apply for benefits up to $6,500 a month to help replace income while recovering from a short-term disability, limited to up to 60% of your average monthly income. This supplemental income could create a safety net for you and your family.
Calculate Your Rate
Use the calculator below to see your Short-Term Disability insurance rate.
For complete premium rate information, download the Schedule of Benefits and Current Premium Rates. This resource has information broken down by age group, gender, benefit amount, elimination period, and payment frequency.
Underwritten by New York Life Insurance Company, 51 Madison Ave., New York, NY 10010 on Policy form GMR-FACE/G-30281-0
*Benefits cannot exceed 60% of your average monthly income when combined with all other income benefits you receive from any other source. See other income benefits provision for more details.
**STDI is not currently available in: NV, OR, NH, VT, all US Territories including Puerto Rico, Guam, US Virgin Islands, etc.
***Louisiana residents please contact WAEPA Member Services at (800) 368-3484 for more information on applying for coverage.
****Michigan Residents: I understand that I may use a producer/agent to assist me with the completion of this application at no cost to me.