Overview

In your first year of employment you will receive a $10,000 term life and AD&D policy.  After one year, you will be eligible for a term life and AD&D policy equal to your annual earnings, subject to a $100,000 limit.

If you would like more life insurance than what is company-provided you may purchase supplemental life insurance. If you elect this coverage during open enrollment you will have no medical underwriting requirements. If you elect this coverage at any other time you will be required to complete an evidence of insurability form. Supplemental life insurance premiums are based upon your age.

In addition, you may also purchase life insurance coverage for your dependents. Please refer to the plan documents for additional information.

Plan Features

This valuable benefit has many enhanced features specifically selected to protect the financial security of our employees’ families. Coverage highlights include:

• • Conversion – Coverage can be continued under an individually underwritten policy if you choose to leave the company.
  • Waiver of Premium – Allows life insurance coverage to continue in the event that you suffer from a qualifying disability.
  • Accelerated Benefits – If diagnosed with a terminal illness, a portion of your benefit can be paid prior to death.