Rehabilitation - Standard Life will normally cover rehabilitation costs should you become disabled. Own Occupation up to Age 65 - If you are disabled and cannot function in your current job, your benefits will continue for 24 months. Thereafter, in order to continue receiving benefits, you must be unable to perform the tasks of any occupation for which you are qualified by training or experience. If unable to perform the functions of any such occupation, benefits will continue until age 65 or longer if disability begins after age 60. Conversion Privilege - If you leave the employment of the denomination or, in the case of an ordained pastor, are without call, this group insurance plan is convertible to an individual policy.
Disabled ministers are responsible for substantiating housing expenses on tax returns.
Compensation is considered to include salary for lay employees and base salary plus housing allowance for ministers. Premiums will be billed monthly to your employer by the plan administrator. Disability Plan Application Features Relief Fund assists needy retired and disabled pastors, missionaries, church lay workers, their widows and dependent children. Internet access to your TSA account 3rd Quarter Update Investment Market Review Financial Planning Software available to IAR participants. All rights reserved.