Non-Medical Insurances

Voluntary Coverages Based on Minister/Employee Election.

These premiums are to be paid on an after-tax basis to avoid taxation of any benefits paid out on a claim.


  1. Group Term Life and AD&D Insurance in units of $10,000 up to $500,000 maximum.
    Basic $10,000 Group Term Life Insurance ($5.25 per month)

     Spouse and children can also be added to this coverage.

 

2. Long Term Disability, 60% of total salary and housing, 6 month waiting period.

 

In order to compute the cost of the Long Term Disability premium follow the steps below.

  1. Add all taxable income (salary, housing,)
  2. Multiply that total by 60% to determine the maximum annual benefit
  3. Example:  40,000 total salary x 60% = 24,000 max benefit /12 = 2,000 = monthly benefit
  4. Multiply the total of all taxable income by .233 per hundred to determine the annual premium.
  5. Example:   (40,000/100) x .233 = (400 x .233) = 93.20; 93.20 /12 = 7.77 monthly premium.

 

3. Short-Term Disability with a two week waiting period and a 6 month coverage period.

 

Basic Life Benefits Summary

Basic Long-Term Disability Benefits Summary

Please contact us with any questions or to request an enrollment form.