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 |
|
|---|---|
Benefit Amount |
$50,000 |
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.
*During your initial eligibility period only, you can receive coverage up to the Guaranteed Issue amounts without having to provide Evidence of Insurability (EOI, or information about your health). Coverage amounts that require EOI will not be effective unless approved by the insurance carrier.
Benefits |
Guaranteed Issue* |
|
|---|---|---|
Employee |
$10,000 increments; maximum of $300,000 |
$100,000 |
Spouse |
$5,000 increments; maximum of $100,000 |
$30,000 |
Child(ren) |
For eligible children 14 days or older, you may choose to purchase a benefit of $10,000. |
$10,000 |