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 and AD&D Amount |
$50,000 |
Benefit Reduction Schedule |
35% at age 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 |
$10,000 increments to a maximum of $250,000 |
Spouse |
$5,000 increments to a maximum of $250,000 |
Dependent Children |
$1,000 increments to a maximum of $10,000 |
Benefit Reducation Schedule |
35% at age 65 |
Group Number
00024395
Provided By
Guardian
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