What you need to know
Can’t work because of an illness or injury? We have you covered. Take time off to get better or heal with PayPal’s disability insurance plans.
Who it’s for: Employees who can’t work and have missed more than 7 days of work due to an illness, injury, medical emergency, surgery, or childbirth (including pregnancy disability and postpartum recovery).
What you get: 100% of your base salary (max of $6,500 per week) for up to 8 weeks. After 8 weeks you receive 80% of your base salary for up to 6 months total (inclusive of the first 8 weeks at 100%).
What else to know: You’ll need to wait 7 days before your benefits begin, in which Paid Sick Leave (PSL) can be applied. Disability benefits may vary depending on laws, your circumstances, and other factors.
Who it’s for: Employees who can’t work due to illness or injury and have exhausted PayPal’s Short-Term Disability benefits.
What you get: 60% of your base salary, up to a max of $25,000 per month. You also have the option of enrolling in the Long-Term Disability Buy-Up program (either as a newly eligible employee or during Annual Enrollment) at 70% coverage, which would replace the company-provided 60% coverage.
What else to know: The 70% buy-up coverage is optional. You must purchase it to be covered. Disability benefits may vary depending on laws, your circumstances, and other factors.