Trustmark Paycheck Protect^® insurance

Happy middle-aged woman sitting outdoors

Trustmark Paycheck Protect^® insurance

Trustmark Paycheck Protect is assurance for your lifestyle and the things you love to do.

Your passions, hobbies, friends and family – they’re how you live your life to its fullest. And your paycheck is what lets you enjoy all those things. Trustmark Paycheck Protect helps you maintain your active life by protecting the income that makes it possible. You insure your home, your car, your health – but what about your paycheck? What would it mean to go without it? Let’s explore Paycheck Protect:

Get an in-depth look at how Trustmark Paycheck Protect can work with you.
Watch Morgan’s story to see what Paycheck Protect could do for a family like yours.
Get an idea of how important a regular paycheck can be for your busy and active life.
Get answers to some of the questions you might have about Paycheck Protect.

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A Closer Look at Paycheck Protect

A promise to help safeguard the salary that powers your life.

You and your family want to keep living your best lives, doing all the things you enjoy doing. Trustmark Paycheck Protect can help make sure that’s possible. After all, living the way that you want to depends on having a steady income. That’s where Paycheck Protect comes in.

Getting sick or hurt might take you off the job for a while. That could put your wages on hold too, and your lifestyle could take a real hit. But with Paycheck Protect, if a covered injury or illness means you can’t work, we’ll step in to help. We’ll pay you a percentage of your paycheck to help you and your family keep on going the way you all want to.

Peace of mind for your livelihood, lifestyle and livability – that’s Trustmark Paycheck Protect.

Here’s an in-depth example of how Paycheck Protect works:

With Paycheck Protect, you start getting paid after an elimination period (if any), and you’ll keep getting paid until either a.) you return to work from total disability or b.) the maximum benefit period ends. Your maximum benefit period (how long you can get paid) depends on your policy.

Your benefits are paid directly to you. You get your full benefit even if medical insurance covers any or all of your bills. The money is yours, and you can use it for whatever you want or need, just like your ordinary paycheck. So you can focus on what’s important – your life and recovery – with less worry about how to pay for it all.

Illustration - Paycheck: $800 per week (before taxees). 60% coverage=$480 potential weekly benefit (tax-free)

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Paycheck Protect: A Trustmark Story

Morgan’s Paycheck Protect plan kept her busy life on track.

The money that Morgan received meant that her family’s lifestyle wasn’t too disrupted when she couldn’t work. In fact, her kids were able to go right on with all their activities! It’s all thanks to how her Paycheck Protect policy is designed to maintain her livability and financial stability when the unexpected happens.

Let’s take a deeper look at how Morgan’s claim helped her family:

Morgan’s health issues didn’t occur because of work, so she wasn’t eligible for worker’s compensation. She chose to protect 60%, the maximum amount, of her $1,000 per week income at the time she enrolled. Her policy has an elimination period of seven days, during which she used her job’s paid time off. Her plan has a maximum benefit period of 90 days, but she didn’t need it for that long.

Illustration of Paycheck Protect benefit payment

Sample payment only. Coverage amounts may differ. Your policy will contain complete details.

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How much coverage might you need?

Did you know that 78% of Americans live paycheck to paycheck?¹ Even with a few months’ savings, losing your paycheck could disrupt the life you’re used to. Click below to see some of the most common things you might use your paycheck for, and consider how Paycheck Protect may help you keep your active lifestyle going if you’re ever unable to work.

In most cases, you can elect a monthly Paycheck Protect benefit of up to 60% of your monthly salary, up to certain limits.

¹Source: PayrollOrg 2024.

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Frequently asked questions

The maximum benefit period is the longest period of time we will continue paying you while you are still on an approved claim. For example, if your maximum benefit period is three months, and you are out of work for six months, we will pay you a benefit for three months following your elimination period. However, if you are only out of work for six weeks after your elimination period (see below), we will pay you for those six weeks, not the full three months. Check with your benefits representative to find out what you’re being offered.

An elimination period is the amount of time you must be out of work for total disability before we can begin paying you. For example, if you have a seven-day elimination period, and you are on an approved claim for 30 days, we will pay you starting on the eighth day through the 30th day. Typically, employees will use their company’s Paid Time Off hours (if available) to cover the days that they aren’t working before Paycheck Protect kicks in. Elimination periods vary; check with your benefits representative to find out how long yours is.

It depends on your policy. If it includes “24-hour” or “on-the-job” benefits, you will receive 25% of your benefit in addition to what you are receiving from worker’s compensation. If your policy does not have “on-the-job” benefits, and you are receiving worker’s compensation because your disability occurred on the job, you will not receive any additional benefits from Paycheck Protect. If your worker’s comp claim is denied, though, you may be eligible for your full benefit for an approved Paycheck Protect claim.

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Trustmark^® and Trustmark Paycheck Protect^® are registered trademarks of Trustmark Insurance Company.
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