Disability Insurance

Short Term Disability (STD) 

We ensure associates have financial protection in the event of a short term disability Our company-paid policy provides associates with a percentage of their weekly income while they are out of work following a non-work-related accident or illness It can help associates pay bills like their mortgage, tuition, and car payments and help cover expenses for food, clothing, and utilities By replacing a portion of their income, short term disability insurance can help provide financial security until they get back on their feet and return to work, 

Associates will receive the following benefits the first of the month following 90 days of employment and then, after a three-day elimination period: 

  • h Week 1-8 is equal to 100 percent of their weekly base earnings
  • Week 9-15 is equal to 75 percent of their weekly base earnings
  • Week 16-26 is equal to 60 percent of their weekly base earnings 

Associates are eligible to receive this benefit for up to 26 weeks* 

Long Term Disability (LTD) 

Sometimes, circumstances are considered long term, often meaning greater financial stress and hardship for associates and their families WireCo WorldGroup offers a company-paid Long Term Disability (LTD) policy to ensure financial protection for a longer period of time when necessary In the event of an illness or accident that requires a lengthy recovery, after 26 weeks, associates are eligible for a benefit equal to 40 percent of their base earnings up to a maximum of $6,000 per month.* 

NOTE: *If you are covered by a Collective Bargaining Agreement, you will continue to follow your Collective Bargaining Agreement for STD and LTD coverage.