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.

Basic Life insurance – You receive Basic Life insurance coverage at no cost to you, and you do not need to enroll in any other health and protection program. Basic Life insures you up to a maximum of $75,000. 

Basic AD&D is included with your Basic Life coverage and provides you specified benefits for a covered accidental bodily injury that directly causes dismemberment (i.e., the loss of a hand, foot or eye). If death occurs from an accident, 100% of the AD&D benefit would be payable to your beneficiary(ies). 

    Voluntary Life and AD&D

    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. 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.

    For you: $10,000 increments, up to the lesser of 5x salary or $500,000. Guaranteed issue of $150,000.

    For your spouse: $5,000 increments, up to the lesser of 100% of the employee benefit, or $500,000. Guaranteed issue of $25,000.

    For your children: Optional amounts up to the lesser of 100% of the employee benefit or $10,000. Options include: $1,000, $2,000, $4,000, $5,000 or $10,000, up to $10,000. Children under 15 days old have a $100 benefit. Guaranteed issue of $10,000.

    Employee/Spouse Cost per $10,000 of Coverage

    Employee Age

    <30
    30-34:
    35-39:
    40-44:
    45-49:
    50-54:
    55-59:
    60-64:
    65-69:
    70+:

    Employee Rate

    $0.053 
    $0.061
    $0.075
    $0.100
    $0.149
    $0.230
    $0.379
    $0.584
    $0.917
    $1.598

    Spouse Rate

    $0.053 
    $0.061
    $0.075
    $0.100
    $0.149
    $0.230
    $0.379
    $0.584
    $0.917
    $1.598

    –
    Child Life Rate per $10,000:     $0.24

    Employee Rate

    <30: $0.053 
    30-34: $0.061 
    35-39: $0.075 
    40-44: $0.100 
    45-49: $0.149 
    50-54: $0.230 
    55-59: $0.379 
    60-64: $0.584 
    65-69: $0.917 
    70+: $1.598 

    Spouse Rate

    <30: $0.053 
    30-34: $0.061 
    35-39: $0.075 
    40-44: $0.100 
    45-49: $0.149 
    50-54: $0.230 
    55-59: $0.379 
    60-64: $0.584 
    65-69: $0.917 
    70+: $1.598 

    Child Life Rate per $1,000: $0.24