NEW! Supplemental Life and AD&D Insurance All full-time employees are eligible to elect Supplemental Life and Accidental Death & Dismemberment (AD&D) Insurance for yourself and your dependents. The plan allows employees to elect $10,000 increments of coverage up to a maximum of $500,000. Employees who enroll in the supplemental plan can also elect coverage for their dependents. Employee Spouse Dependent Children Benefit Amount Increments of $10,000 Increments of $5,000 Increments of $5,000 Max Benefit $500,000 or 5X annual $100,000 $10,000 earnings, whichever is less $200,000 Guaranteed Less than 60: $25,000 Guarantee Issue without Evidence of Age 60-69: $1,000 $10,000 Insurability Required Reduction Schedule Benefit reduces by 35% of original amount at age 65 Benefit reduces by 50% of original amount at age 70 Employees are able to keep group term life insurance for themselves and their families in Portability force after a job loss while the group coverage remains in force, until age 70. Employees pay premium directly to Anthem Life. Premium amounts my differ when coverage is ported. Contact Human Resources for more information. You will pay for the supplemental life benefit through payroll deductions. Premiums are Premium Amount based on age and coverage level. Please refer to Paycom for your personalized deduction amounts. 16
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