One of the biggest perks of voluntary benefits is that they are, in fact, fully optional, so you can opt for the benefits that you truly want, rather than having us choose for you. This autonomy in your overall benefits plan and deciding what combination of benefits will best suit your lifestyle and your family needs adds value to you working here.
In addition to Basic Life and AD&D, you may purchase Voluntary Life and AD&D coverage at discounted group rates. You can buy additional insurance for yourself, your spouse, and your child(ren). However, you must elect Voluntary Life for yourself in order to elect coverage for your dependents.
All eligible employees have the opportunity to purchase Short-Term Disability coverage through Colonial Life. The STD plan pays you a portion of your earnings if you are unable to work due to a non-occupational illness or injury.
Accidents can happen any time. Colonial Life helps you pay for expenses related to unexpected accidents and injuries. Accident insurance pays in addition to your medical plan, and benefits are payable regardless of any other insurance plans. The benefit amount is determined by the injury and medical care received and paid in a lump sum amount. No health questions are required, but a pre-existing condition clause may apply.
Are you protected if you experience a critical illness? This policy offsets your out-of-pocket expenses related to the diagnosis of a critical illness such as a heart attack, coma, kidney failure, or cancer. Critical Illness insurance pays in addition to your medical plan, and benefits are payable regardless of any other insurance plans and can be used as you fit.
Cancer Insurance can help cover expenses that your medical plan may not cover if you receive a cancer diagnosis. The cash benefit you receive can also be used to pay for everyday costs like your mortgage or rent, electricity bill or medications. The benefit is delivered straight to you, so you can decide how to allocate the funds in the manner that’s right for you and focus on your recovery.
An unexpected hospital stay can be expensive, even with medical insurance. This option helps you cover your expenses related to being admitted or confined in a hospital. Benefits are paid directly to you, and the funds can be used as you see fit. No health questions are required, but a pre-existing condition clause may apply.
MetLife, in partnership with Aura, offers comprehensive Identity and Fraud Protection for up to 10 adults and unlimited minors, with $5 million in identity theft insurance. Enjoy 24/7 support, real-time monitoring and alerts, and privacy tools like VPN services and antivirus protection. Get started by setting up your account at my.aura.com/start, and contact Aura’s support team anytime for assistance.
