AICPA Long Term Disability​​​​​​​

It’s often difficult to qualify for Social Security Disability coverage. Even if you do, you’ll have to wait six months before you can receive benefits. You must also prove to the Social Security Administration (SSA) that your disability prevents you from working in any profession, not just as a CPA. Plus, the SSA only covers disabilities that are expected to last 12 months or longer or end in death. And such benefits are subject to federal income tax. 

Yes, you will. You’ll not only be covered for disabilities from sickness or an injury at home, but also while you’re traveling – and at any time.

If you are receiving benefits for a disability while covered under the Plan and recover, and then become disabled for the same or related condition within six months of returning back to work full-time, you would not need to satisfy another waiting period. 
However, if you return to work for more than six months or become disabled for another unrelated condition, you would need to satisfy another waiting period. 

Coverage terminates at age 70, unless you’re already receiving claim benefits. Other reasons why your coverage could end:

• You’re no longer a member of the AICPA or any State Society of CPAs
• The master policy terminates
• You withdraw from the Plan voluntarily
• You don’t pay for your coverage

You will receive benefits until your disability ends if you’re totally disabled before age 50; up to age 67 if you’re totally disabled at age 50-64; up to two years if you’re totally disabled at age 65-69.⁷

These definitions are important to understanding your coverage.

For the Total Disability Income Option:
"Monthly earnings" means the greater of (1) or (2) where:
(1) Equals 1/12 of the average of your salary and net earned income from self-employment and trade or business activities as reported to the Internal Revenue Service (IRS) for income tax purposes for the two calendar years before the calendar year the request is made, and
(2) Equals 1/12 of your annual salary rate in effect on the date of the request; or if the preceding item (2) can’t be determined, 1/12 of your actual earnings for the 12 calendar months immediately before the request; or if this can’t be determined, your actual earnings for the calendar month before the request. Salary will be based on your earnings from your employer(s), to include bonus and commissions, but excludes overtime pay, for a normal work week not exceeding 40 hours. Monthly earnings will be satisfied at the time of application, at each renewal date, and at the time of claim.

For the Total + Partial Disability Income Option:
"Monthly earnings" means the average gross monthly income as reported on your federal income tax returns for the two calendar years immediately preceding your date of disability after deduction of normal business expenses and losses. "Monthly earnings" also includes salary, profits, fees, commissions, bonuses, and other compensation you received for professional and other services. "Monthly earnings" does not include investment returns, rent, royalties, and similar types of income not produced as a result of your occupation.

With the Total Disability Income Plan Option, you must be unable to perform all material and substantial duties normally required in your occupation. You must also be under the regular care of a doctor and not working at any job for wage or profit.
 
With the Total + Partial Disability Income Plan Option, you must be unable to perform the material and substantial duties of your occupation,  have a 20% loss in your monthly earnings, and be under the regular care of a doctor.

NeuroFlow is a mobile app that helps support you if you become disabled and are unable to work. It provides useful tools and resources for self-care, such as self-help exercises to help manage stress and build strength:​

• Track your mood, sleep and pain
• Utilize journaling and breathing guides
• Access helpful video and audio resources
• Build mental wellness skills and habits

You can view the flyer here for more information.

Access to NeuroFlow is for eligible and approved disability claims by invitation only.

If your disability claim is eligible and approved, more information regarding how to access NeuroFlow will be included with your decision letter. The NeuroFlow app can be downloaded to your mobile device.

If approved, you will have access to NeuroFlow (at no additional charge to you) until the earlier of one year from the date your claim is approved or three months after your claim ends. In addition, access to NeuroFlow is not guaranteed and may no longer be available at time of approval.

Access to NeuroFlow may not be available for certain approved disability claims, such as pregnancy, and for some surgeries such as gall bladder and hernia. This is not an exhaustive list of claim types.
 

Please see the Exclusions and Provisions.

Please see the Group Life and Disability Income Medical Underwriting NOTICE..

1.  In certain circumstances, additional information may be needed.
2. Access to NeuroFlow may not be available for certain approved disability claims, such as pregnancy, and for some surgeries such as gall bladder and hernia. This is not an exhaustive list of claim types.
3. www.disabilitycanhappen.org 
4. American Payroll Association, “Getting Paid in America” Survey, 2016.
5. Under current Federal Income Tax laws, the monthly benefit is generally free from income tax (IRC Section 104) if the premiums are paid by you with after tax dollars. Income from some employer-provided plans is fully taxable.
6. The money not used for claims, expenses, and other charges is distributed back to the Plan’s participants as an Annual Cash Refund. These refunds vary year to year, and while not guaranteed, Plan participants have received Annual Cash Refunds from the AICPA Insurance Trust every year, without fail, for over three decades for each Disability Insurance Plan.
7. The information within this material reflects the maximum duration of disability for insureds who become disabled on or after January 1, 2015.

This site may contain marketing language, on products issued by The Prudential Insurance Company of America, that has not yet been approved in all states.

The products issued by The Prudential Insurance Company of America may not be available in all states.

This policy provides disability income insurance only. It does NOT provide basic hospital, basic medical, or major medical insurance as defined by the New York Department of Financial Services

North Carolina Residents: THIS IS NOT A MEDICARE SUPPLEMENT PLAN. If you are eligible for Medicare, review the Guide to Health Insurance for People with Medicare, which is available from the company.

The NeuroFlow App and any related resources or services are provided by NeuroFlow®, a third-party entity that is independent from Prudential Financial, Inc. (“Prudential”) and its subsidiaries. NeuroFlow®, Prudential, and Prudential’s subsidiaries are not crisis intervention service or medical service providers. Accordingly, any resources or services provided by either entity or through the NeuroFlow App are not intended to provide medical advice or a crisis intervention service, and are not intended diagnose, cure, prevent, advise on and/or treat any disease, disorder, illness, crisis, or condition.

Aon Insurance Services is the brand name for the brokerage and program administration operations of Affinity Insurance Services, Inc. (TX 13695) (AR 100106022); in CA & MN, AIS Affinity Insurance Agency, Inc. (CA 0795465); in OK, AIS Affinity Insurance Services Inc.; in CA, Aon Affinity Insurance Services, Inc. (CA 0G94493), Aon Direct Insurance Administrators, and Berkely Insurance Agency; and in NY, AIS Affinity Insurance Agency. The Plan Agent of the AICPA Insurance Trust, Aon Insurance Services, is not affiliated with Prudential.

Group Insurance coverage is issued by The Prudential Insurance Company of America, a Prudential Financial company, Newark, NJ. The Booklet-Certificate contains all details, including any policy exclusions, limitations, and restrictions, which may apply. Contract Series: 83500.

1043304-00002-00