Life and AD&D Insurance

Life and Accidental Death & Dismemberment (AD&D) insurance helps protect your loved ones financially if you pass away or experience a serious injury. These benefits can help cover final expenses, pay off debts like credit cards or mortgages, or provide additional financial stability during a difficult time. Even if you’re single, naming a beneficiary ensures someone you care about receives the support. Coverage includes Basic Life and AD&D at no cost to you, with the option to purchase additional Voluntary Life and AD&D insurance for yourself and your family at group rates.

Plan Documents

Plan Contacts

Basic Life and AD&D

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 for 2 times your basic annual earnings, up to a maximum of $1,000,000.

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).

Imputed Income: Under current tax laws, imputed income is the value of your Basic Life insurance that exceeds $50,000 and is subject to federal income, Social Security and state income taxes, if applicable. This imputed income amount will be included in your paycheck and shown on your W-2 statement.

Voluntary Life and AD&D

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: Increments of $10,000 up to $750,000. Guaranteed issue of $500,000. (Initial Enrollment Period only).
For your spouse: Increments of $5,000 up to the lesser of 100% of employee amount or $500,000. Guaranteed issue of $50,000 (Initial Enrollment Period only).
For your children: $10,000 up to age 26.

Employee/Spouse Cost per $1,000 of Coverage

Employee Age

Employee Rate (per $1,000)

Spouse Rate (per $1,000)

<25

$0.079

$0.090

25–29

$0.086

$0.100

30–34

$0.098

$0.118

35–39

$0.124

$0.156

40–44

$0.160

$0.209

45–49

$0.237

$0.309

50–54

$0.346

$0.462

55–59

$0.545

$0.692

60–64

$0.852

$1.160

65–69

$1.472

$1.958

70–74

$2.632

$3.462

75–79

$5.296

$6.901

80+

$5.296

$6.901

Child Life Rate per $1,000: $0.200

Note: When you reach age 70, your Optional Life and AD&D coverage amount will reduce to 65% of the original amount. When you reach age 75, life benefits reduce to 50% of the original amount.