Life and AD&D Insurance

Basic Life and AD&D

Life and AD&D coverage helps protect your loved ones in the event of your death or serious injury. Even if you’re single, your beneficiary can use your Life insurance benefits to pay off your debts, such as credit cards, mortgages, and other final expenses.

In addition to Basic Life and AD&D, eligible employees may purchase additional Voluntary Life and AD&D insurance at favorable group rates. Participants pay 100% of the premium. Employees also have the opportunity to purchase additional term Life insurance for their spouse/partner and children.

For you: Increments of $10,000 up to lesser of 5x covered annual earnings or $500,000. Guarantee Issue amount for newly eligible employees is $100,000.

For your spouse: Increments of $5,000 up to lesser of 100% of employee amount or $250,000. Guarantee issue amount for newly eligible dependents is $30,000.

For your children: Increments of $1,000 up to $10,000. Guarantee issue amount for newly eligible dependent children is $10,000.

Note: Employees can purchase Voluntary Life insurance for their spouse/partner and/or children ONLY IF the employee has already purchased additional coverage and the elected amount is not greater than the employee’s coverage.

Note: It is important to provide beneficiary information during the enrollment process and keep this information up to date. If you decline Voluntary Life insurance when first eligible or if you elect coverage and wish to increase your benefit amount at a later date, evidence of insurability may be required before coverage is approved.