Life and AD&D Benefits
Basic Group Life and Accidental Death and Dismemberment (AD&D) coverage is a 100% employer-paid benefit, provided at no cost to you. The basic life benefit will be paid to your beneficiaries in the event of your death. The AD&D benefit will be paid in the event of an injury resulting from a covered accident.
Benefits |
|
|---|---|
Life Benefit |
$50,000 |
AD&D Benefit |
$50,000 |
Benefit Reduction |
Age 65 reduce to 65% |
It is very important to sign up during the initial enrollment period, when you cannot be denied coverage for a pre-existing condition. |
When your needs call for more than Basic Life and AD&D coverage, additional Voluntary Life and AD&D coverage is available for purchase for you, your spouse and your dependent children. Coverage purchased through this plan is offered at a group discounted rate with guaranteed issue amounts. Employees must elect coverage in order to purchase spouse or child coverage.
Benefits |
|
|---|---|
Employee |
|
Benefit Maximum |
$500,000 but not more than 5x annual salary |
Guaranteed Issue |
$150,000 |
Spouse |
|
Benefit Maximum |
100% of employees benefit, in increments of $5,000 to $150,000 |
Guaranteed Issue |
100% of employees benefit, up to $30,000 |
Child(ren) |
|
Benefit Maximum |
$10,000 |
Guaranteed Issue |
$10,000 |
It is very important to sign up during the initial enrollment period, when you cannot be denied coverage for a pre-existing condition. |