Disability Insurance

The loss of income caused by missed work due to illness or injury can cause serious financial hardship for your family. Disability insurance can help you maintain your standard of living, replacing a portion of your income so you can continue paying your bills, health insurance contributions, and other expenses during this time.

Xerox offers both short term disability (STD) and long term disability (LTD) coverage, which are designed to work together to provide continuous income replacement. Xerox pays the full cost of STD coverage and basic LTD coverage. You may also purchase buy-up LTD coverage for added protection.

For unions, refer to your union’s collective bargaining agreement.

• Coverage is automatic and company-paid; no need to enroll.
• Benefits begin after seven days of disability due to an accident or sickness.
• Benefits continue for up to 26 weeks.
• Week 1 – Elimination period.
• Weeks 2 – 6: Pays 100% of pay.
• Weeks 7 – 26: Pays 70% of pay.

Note: Several states, including Rhode Island, New York, California, Hawaii, Washington, Connecticut, Washington D.C., Massachusetts, and New Jersey have statutory state disability insurance. In those states, the company STD benefit is reduced by the state benefit amount. Puerto Rico also has mandatory insurance requirements.

• Coverage is automatic and company-paid; no need to enroll.
• Benefits begin after 26 weeks of STD.
• Pays 60% of pay, up to $10,000 per month.

• Coverage is optional and employee-paid; you must enroll on BenefitsWeb.
• Benefits begin after 26 weeks of STD.
• You may choose to increase your coverage to 66 2/3% of pay, up to $15,000 per month.
• If you are electing the Buy-Up LTD outside of your new hire enrollment event, evidence of insurability (EOI) is required.

Note that disability benefits are reduced by income replacement benefits received from other sources, including Social Security and Workers’ Compensation. Be sure to take this into consideration before electing a lower pay replacement option.