Long-Term Disability (LTD)
Protect your income against extended illness or injury with long-term disability coverage.
Hexcel requires that all employees enroll in the basic LTD benefit that replaces 60% of monthly base pay.
A voluntary buy-up plan to increase the benefit to 66 ⅔% income replacement is also available for purchase. The table illustrates monthly benefits for each of these two plans:
| LTD Insurance | |||
|---|---|---|---|
| If your annual base salary is… | $30,000 | $60,000 | $120,000 |
| ...then your monthly Basic Long-Term Disability1 benefit will be: | $1,500 | $3,000 | $6,000 |
| ...then your monthly Buy-Up Long-Term Disability2 benefit will be: | $167 | $334 | $667 |
1 The maximum monthly benefit for the Basic Long-Term Disability Plan is $12,000.
2 The maximum monthly benefit for the Basic + Buy-Up Long-Term Disability Plans is $20,000.