Life Insurance
Life Insurance provides financial security to your loved ones if you pass away. This important benefit will help those left behind with funds to pay for everyday expenses, pay off debt and protect savings. Nothing can replace the impact you made on their lives, but Life Insurance can help soften the blow if the unthinkable happens.
Accidental Death and Dismemberment (AD&D) insurance is another form of life insurance, but only pays out in certain instances of death by accident. There is no payout if you pass away by natural causes or an illness.
| Life Insurance Coverage Information | ||||
|---|---|---|---|---|
| Employee Basic Life and AD&D | Supplemental Life | |||
| Employee | Employee | Spouse | Child(red) | |
| Benefit Amount |
Annual Salary $500,000 Maximum |
$10,000 Increments $10,000 Minimum $500,000 Maximum |
$5,000 Increments $5,000 Minimum $250,000 Maximum (not to exceed 50% of employee benefit) |
Birth to < 14 days $1,000 Maximum 14 days to < 20 years $2,000 Increments; $10,000 Maximum (< 26 years if a full-time student) |
| Guarantee Issue | Guarantee Issue coverage up to $50,000 per employee |
Under age 65: $150,000 Age 65-69: $50,000 Age 70+: $10,000 |
Under age 65: $30,000 Age 65-69: $10,000 Age 70+: $0 |
$10,000 |
| Premiums | Provided at NO COST to You | Payroll Deducted - Click Here for Details | ||
Long Term Disability
Keep getting a check when you’re hurt or sick. You always have bills to pay, even when you can’t get to work due to injury, illness, or surgery. Long-term disability insurance helps you make ends meet during this difficult time.
Long-Term Disability coverage provides income replacement if you are unable to work because of a covered illness or injury. This plan is fully paid for by us and is designed to help you make ends meet during a difficult time.
| Long Term Disability Coverage Information | |
|---|---|
| Provided at NO COST to You | |
| Coverage amount | 66.67% of salary to maximum $10000/month |
|
Maximum payment period: Maximum length of time you can receive disability benefits. |
Social Security Normal Retirement Age |
|
Accident & Illness benefits begin: The length of time you must be disabled before benefits begin. |
Day 91 |
| Maximum Benefit Duration | SSNRA or Max Benefit Period |
| Pre-existing Conditions |
3 months back 12 months exclusion |
Guardian
