2-14 Employees: Disability Plans: Eligibility

 

Employer Eligibility
Group Long-Term Disability coverage from Lincoln Financial Group is available to accounting firms in public practice. To be eligible and retain such eligibility, more than 50% of all the Employer's owners (i.e., principals, proprietors, partners, shareholders or other owners) must be CPAs or Associate members of CalCPA in good standing. All employers deemed to be part of an affiliated group under Internal Revenue Code Sections 414(b), (c), or (m) are considered to be a single employer.

Firms consisting of 4 or more eligible persons working at least 30 hours per week may be eligible for guaranteed coverage.

Employee Eligibility
Active, regular full-time Certified Public Accountants of the California Society of CPAs and their eligible employees working at least 30 hours per week are eligible for coverage.

Dependent Eligibility
Dependents are not eligible for coverage.

Participation Requirements
100% of active, regular full-time employees working at least 30 hours per week must be covered.

For additional information

Firms with 2- 9 employees
Contact: Banyan Administrators, LLC - Managers for the CalCPA ProtectPlus Programs (877) 480-7923

Firms with 10+ employees
Contact: Hover Insurance Services, Inc. (800) 805-9480

 

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