Life insurance and AD&D insurance
For your peace of mind and the financial protection of your family, the health system provides, at no cost to you, basic life and accidental death and dismemberment (AD&D) insurance.
The AD&D benefit provides a payment in the same amount as the employee’s basic life coverage if there is loss of life in an accident. It also provides a benefit in the event of a debilitating injury due to a covered accident.
| Group term life and AD&D benefit – The Hartford | |
| Benefit | 1.5 times base salary (rounded up to the next highest $1,000) |
| Maximum | $1,500,000 |
You may want to supplement the company-paid life insurance policy with additional coverage. You can choose to purchase supplemental life for yourself, spouse and/or your children and supplemental AD&D for yourself. Go to the benefits website to see your costs for these benefits.
| Supplemental Group Term Life and AD&D Benefit – The Hartford | |
| Supplemental Life Benefit | Employee: : Lesser of 5 times salary or $500,000 (Increments of $5,000). Guaranteed issue*: $200,000. Spouse: $100,000, not to exceed 100% of the employee amount of basic and supplemental life insurance (Increments of $5,000). Guaranteed issue*: $30,000. Dependent children: $5,000 or $10,000 (ages 2 weeks to 26 years). All amounts guaranteed. |
| Supplemental AD&D Benefit | Employee: The lesser of 10 times salary or $500,000 (increments of $10,000) |
*Enrolling or increasing coverage outside your initial eligibility period, or requesting coverage greater than guaranteed issue, requires evidence of insurability. Supplemental employee and spouse life coverage may be subject to evidence of insurability (EOI). If coverage is increased during annual benefits enrollment, EOI must be submitted prior to January 1 of the next year. Outside of annual benefits enrollment, members have 60 days to submit EOI paperwork. Newly eligible employees may elect up to the guaranteed issue without EOI when enrolling in coverage within 30 days of initial eligibility or status change of dependent (newly added spouse due to marriage). Any amounts over the guaranteed issue are subject to EOI.
