Disability Insurance
The need to be better prepared for life events that keep us out of work has become more important than ever before. Disability insurance may help provide a steady stream of income to help cover your bills and expenses when an injury or illness keeps you away from work.
Help replace a portion of your income if you cannot work1
If you lost your ability to earn income, how would you pay for your bills and provide for your family? In the event of a disability, you need coverage that's quickly accessible and payments that help you to cover everyday expenses. Enrollment is simple but the benefits are significant.
- May help replace a portion of your income when you are unable to work due to sickness, pregnancy, chronic condition or accidental injury.
- Benefit payments are made directly to you and you decide how to spend the money.
- Helps you meet your day-to-day financial obligations so your long-term goals can stay on track.
Did you know disability insurance and workers’ compensation are not the same thing? Workers’ compensation only applies if you are hurt at work. Disability insurance covers you when you’re unable to work because of illness or injury — whether suffered at work or not.
MyBenefits
Learn more about your Disability Insurance benefits.
Documents
Disability Insurance FAQs
Your monthly LTD benefit equals 60% of your monthly earnings at the time your LTD coverage begins, up to a maximum benefit of $25,000 per month. Any income you may be eligible to receive from other sources will be deducted from this amount. See the NIKE HR site or contact HR Direct for more information.
All full-time U.S. NIKE employees who work a regular schedule of 30 hours or more per week as recorded in NIKE's HR system are eligible for the LTD plan. Your eligibility begins on your first day of employment, after working one full day.
No enrollment is required. LTD insurance is automatically provided by NIKE. Benefits will begin after you have been disabled for 180 days, as long as you meet the definition of disability under the plan. LTD benefits may continue until you are no longer disabled or until your normal retirement age , whichever occurs first.
If you have been on a Medical Leave (Own Condition) and receiving Short-Term Disability benefits for 180 days and anticipate needing more time away for your serious health condition or disability, Sedgwick (NIKE’s leave of absence administrator) will notify MetLife shortly before you qualify for Long-Term Disability. As such, it is important that you respond to communications from Sedgwick to ensure continuation of benefits and a smooth transition to Long-Term Disability, if eligible.
If you have questions about the transition from Short-Term to Long-Term Disability, contact Sedgwick through the mySedgwick portal (employees without NT account, use https://www.mysedgwick.com/nike) or by calling 844-939-6453 (Monday to Friday, 8 a.m.-6 p.m. PT).
How much disability insurance should you have?
Tony hurt his back
If serious injury or illness keeps you from working, disability insurance may help you maintain your quality of life while recovering.
Special Considerations
If you work in a state with state-mandated disability or paid medical leave benefits (“State Benefits”), you should carefully consider whether to enroll for this coverage. In California, Hawaii, Massachusetts, New Jersey, New York, Puerto Rico, Rhode Island, Washington (and Connecticut starting 1/1/22, Oregon starting 1/1/23, and Colorado starting 1/1/24), if eligible, you must apply for State Benefits. Your STD benefit will be reduced by State Benefits or other government benefits that apply. Depending on your compensation, the amount of the State Benefit, and other factors, you may only receive the minimum weekly benefit. Please consider, based on your individual circumstances, whether you need additional coverage beyond the State Benefit.
1 Like most disability income insurance policies, MetLife’s policies contain certain exclusions, waiting periods, reductions, limitations and terms for keeping them in force. Ask your MetLife representative about costs and complete details. For policies issued in New York: These policies provide disability income insurance only. They do NOT provide basic hospital, basic medical or major medical insurance as defined by the New York State Department of Financial Services. The expected benefit ratio for these policies is at least 50%. This ratio is the portion of future premiums that MetLife expects to return as benefits when averaged over all people with the applicable policy.
2 LIMRA, U.S. Workplace Disability Insurance Sales and In Force Survey, Year-End 2020.