Disability Insurance

A serious illness or injury can cause significant financial hardship for your family. Disability insurance, provided through MetLife, replaces a portion of your income to help you continue paying your bills and meeting your financial obligations during this difficult time. MarketAxess provides this coverage at no cost to you. Your illness or injury must be non-work-related.

Short-term disability (STD) coverage provides you with:

• Automatic, Company-paid coverage; no need to enroll. 
• Benefits that start after 7 days of disability, provided your STD paperwork is submitted and approved as outlined below. 
• Payments are equal to:
  • For the first 6 weeks of absence, you receive 100% of your base salary.
  • After 6 weeks, you receive 60% of your weekly salary up to a maximum of $2,500 per week.
• Up to 13 weeks of benefits.

STD benefits will be integrated with the state disability program.

Long-term disability (LTD) coverage provides you with: 

• Automatic, Company-paid coverage; no need to enroll.
• Benefits that start after you have been disabled for 13 weeks, provided your LTD paperwork is submitted and approved as outlined below.
• Payments are equal to 60% of your monthly salary, up to a maximum of $10,000 per month.