Term Life Insurance and Accidental Death & Dismemberment Insurance Options

 
Basic Employee Term Life and Accidental Death & Dismemberment (AD&D) Insurance
Your basic life insurance coverage is a term life policy. AD&D coverage pays benefits to you or your beneficiary(ies) if you die or are injured as a result of an accident. You automatically receive life and AD&D insurance coverage of one times your total compensation. This coverage is provided by your employer at no cost to you.
 
Business Travel Accident Coverage
Business Travel Accident coverage pays benefits to you or your beneficiary(ies) if you die or are injured as the result of an accident while you are traveling on business. You automatically receive business travel accident coverage of three times your total compensation. This coverage is provided by your employer at no cost to you.
 
Optional Basic Employee Term Life and AD&D Insurance Coverage
You can purchase a benefits package that includes additional life insurance and AD&D coverage for yourself of one times your total compensation.

If you do not enroll in Optional Basic Term Life when you are first eligible evidence of insurability will be required for future participation.

 

Monthly Cost

Optional Basic Employee Term Life and AD&D

$0.145 per $1,000
 
Plan Maximums
  • Maximum coverage for Basic and Optional Basic Employee Term Life Insurance is $1,500,000.
  • Maximum coverage for Employer paid AD&D and Employee paid AD&D coverage is $2,000,000 combined per insured person.
Child Term Life Insurance
Life insurance coverage is available for eligible dependent child(ren).

Coverage Amount

Monthly Rate

$5,000

$0.60

$10,000

$1.20

$15,000

$1.80

$20,000

$2.40

$25,000

$3.00