If you are an eligible full-time Team Member, Michaels offers disability insurance to replace part of your income if you are unable to work for an extended period of time.

Short-Term Disability (STD)

The STD plan provides income protection if you cannot work due to an illness or non-work-related injury. Michaels provides this benefit at no cost to all eligible full-time Team Members.

Team Members that have completed the waiting period and are working the required 32-hour average and are enroled in the plan can file a claim. To request a Leave of Absence or to file a disability claim, contact CBML at 844-636-9622.

HeaderPercent of Earnings ReplacedMaximum Weekly BenefitHow Long Benefits Are PaidWaiting Period
Header66.67% of weekly earnings$1,000Up to 17 weeks7 consecutive days

Vice Presidents and Above: Vice Presidents and above who become disabled are covered by the Executive Short-Term Disability Policy.

Long-Term Disability (LTD)

If you are eligible for Extended Health, LTD coverage is mandatory. After your STD benefits end, you may be eligible to receive LTD benefits.

HeaderPercent of Earnings ReplacedMaximum Monthly BenefitHow Long Benefits Are PaidWaiting Period
Header60% of base monthly earnings$10,000Until you reach age 65 or are no longer disabled17 consecutive weeks