The Standard Life and Long Term Disability Insurance

Life Insurance

APS offers you Basic Life and Accidental Death & Dismemberment (Basic Life and AD&D) Insurance at no cost to you through Standard Insurance Company. APS pays the entire cost of these coverage’s, and you are automatically enrolled in both.  You are eligible for coverage if you are an active full-time employee regularly working at least 30 hours per week at APS.  Both Basic Life and Basic AD&D coverage end on termination of employment.  However, you may convert your Life coverage to an individual life insurance policy with The Standard.  See your certificate for full plan details.

APS also offers active employees the opportunity to enroll in a group Additional Life Insurance plan provided through Standard Insurance Company.  The additional Life options are called Plan 2 and Plan 3.  You and APS share the cost of Plan 2 coverage.  You pay the full amount of premiums for Plan 3.  See your certificate for full plan details.

APS also offer you the opportunity to enroll your dependents in a group Dependents Life insurance plan through Standard Insurance Company.  The Dependents Life options are called Plan 1 and Plan 2.  You pay the full cost of premiums for each Plan.  See your certificate for full plan details.

Long Term Disability Insurance

Have you protected your income in the event you are no longer able to work?  You should consider how your inability to earn an income would impact you and your family.  Take time now to learn how Long Term Disability Insurance from The Standard can help you safeguard your future.  In order to be eligible for LTD benefits under this plan you must be disabled as defined by The Standard.  While disabled, the Own Occupation Period is the first 24 months for which LTD benefits are paid.  The Any Occupation Period begins at the end of the Own Occupation period and continues to the end of the Maximum Benefit period.  See your Long Term Disability certificate for full plan details.