Small Business Short-Term Disability Insurance
Short-term disability insurance for small businesses protects your employees from the loss of income in the event of a short-term illness or injury. Through Consumers Life, COSE offers two group-sponsored small business options to choose from: the 1-8-26 plan and the 15-15-26 plan. All full-time eligible employees are required to participate. You may select up to a maximum weekly benefit of 70% of
the basic weekly income not to exceed $500 per week. The minimum weekly benefit is $100.
1-8-26 Small Business Plan
Benefits are payable on the 1st day of absence due to injury or the 8th day of absence due to illness. The plan continues a portion of an employee’s pay for up to 26 weeks when he or she can’t work because of a non-occupational illness or injury.
View and print detailed coverage information
15-15-26 Small Business Plan
Benefits are payable on the 15th day of absence due to injury and 15th day for illness. The plan continues a portion of an employee’s pay for up to 26 weeks when he or she can’t work due to a non-occupational injury or illness.
View and print detailed coverage information
Group-Sponsored STD Coverage Rates
1-9 employees / per $10 of benefits
Insured’s Attained Age |
Group STD 1/8/26 Plan
(1-B-8) |
Group STD 15/15/26 Plan
(1-B-15) |
under 30 |
$ 0.48 |
$ 0.37 |
30 to 34 |
$ 0.48 |
$ 0.37 |
35 to 39 |
$ 0.48 |
$ 0.37 |
40 to 44 |
$ 0.48 |
$ 0.39 |
45 to 49 |
$ 0.56 |
$ 0.44 |
50 to 54 |
$ 0.67 |
$ 0.53 |
55 to 59 |
$ 0.81 |
$ 0.65 |
60 to 64 |
$ 0.94 |
$ 0.75 |
65 to 69 |
$ 1.24 |
$ .98 |
70+ |
$ 1.67 |
$ 1.35 |
Return to main Life & Disability Insurance page.