Attachment 3_760741-C_LTD Amend1.pdf

PDF 84 KB Posted

Attached to
Long Term & Short Term Disability Insurance, & Term Life
Solicitation number
RFP 680 26-042/DJ 2
Issued by
Palm Beach County, Florida

About this file

This is a Group Policy Amendment to an insurance policy issued by Standard Insurance Company to the Palm Beach County Board of County Commissioners. The amendment, effective January 1, 2022, modifies the Deductible Income section of Group Policy 760741-C and clarifies what types of compensation qualify as deductible income for policy purposes.

The amendment specifically amends item 1 of the Deductible Income section to include sick pay, annual or personal leave pay, severance pay, and other salary continuation benefits paid by the employer, while explicitly excluding vacation pay and donated amounts from the definition of qualifying deductible income. This modification establishes clearer parameters for determining eligible income under the group policy's deductible provisions.

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GROUP POLICY AMENDMENT NO. 1

Attached to and made a part of Group Policy 760741-C issued to Palm Beach County Board of County Commissioners as Policyholder.

Effective January 1, 2022, item 1. of the Deductible Income section is amended to read:

1. Sick pay, annual or personal leave pay, severance pay, or other salary continuation (but not vacation pay or donated amounts) paid to you by your Employer.

STANDARD INSURANCE COMPANY

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File details come from the government source that posted it. Updated .