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 |
$25,000 |
AD&D Benefit |
$25,000 |
Benefit Reduction |
35% at 65 |
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 |
Spouse |
Child(ren) |
|---|---|---|---|
Benefit Maximum |
$500,000 in $10,000 increments |
$100,000 in $5,000 increments |
$10,000 |
Guaranteed Issue |
$50,000 |
$25,000 |
$10,000 |