HR Issues

Any FAANG allows you decline group disability insurance coverage?

New newew
Dec 16, 2018

In the off chance that we have expert personal finance FAANGers here, are there any companies that allows you to decline their group disability income insurance?

Reason is that I have personal DI policy, top of the line, portable, and I can't exercise my option to increase the limit because of the group plan.

Yes, this is a HR issue. Please give employees the option to reject group DI plans, they will never be better than personal DI.

comments

Add a comment
  • Facebook public2
    You can always write in to decline free coverage but why on earth would you decline free money if ever needed?
    Dec 16, 20180
  • Microsoft gfba68
    Why is it a problem to have 2 DI policies? You get the same total coverage either way.
    Dec 16, 20180
  • Google ToGY40
    Google lets you downgrade it such that it doesn’t cost you anything.
    Dec 16, 20183
    • New newew
      OP
      Sounds like you can reduce coverage but not eliminate it completely?
      Dec 16, 2018
    • Google ToGY40
      Yep, I believe that’s the case.
      Dec 16, 2018
    • New newew
      OP
      Yeah ditto for my current workplace
      Dec 16, 2018
  • Apple XOfK47
    Can't imagine working for a company (or not) strictly based on that. I'm not knowledgeable, how much does that amount to during a year? As much as I spend on pizza?
    Jan 90

Download the app for more exclusive content.