Life and AD&D Benefits

Basic Life & AD&D

$50,000

Guaranteed Issue

$50,000

Benefit Reduction

Reduced to 65% at age 65
40% at age 70
20% at age 75

Voluntary Life and AD&D Amount

Minimum $10,000 / Maximum $500,000
or Five Times the Annual Base Salary
Available in $10,000 increments
Basic & Supplemental amounts cannot exceed a combined maximum of Seven Times Earnings.

Guarantee Issue

$350,000

Age Reduction Schedule
(The life amount and AD&D
principal sum will begin reducing
when an employee reaches age 74.)

Reduce to 45% at age 70
30% at age 75
20% at age 80
15% at age 85
10% at age 90

Accelerated Benefit

An amount equal to 75% of the death benefit subject to a maximum
benefit of $500,000.

Voluntary Life and AD&D Amount

$5,000 to $250,000;
Limited to 50% of employee amount;
Increments of $5,000

Guarantee Issue

$50,000

Voluntary Life and AD&D
Guaranteed Issue Amount

$10,000
Cannot exceed 100% of employee amount
Child(ren) must primarily dependent on employee for 50% or more of their support

Minimum Age

Birth

Maximum Age

Age 26

Min Age

Max Age

Life AD&D

0

29

$0.06

30

34

$0.07

35

39

$0.11

40

44

$0.17

45

49

$0.25

50

54

$0.41

55

59

$0.65

60

64

$0.83

65

69

$1.42

70

999

$3.72

Option

Life AD&D

$10,000

$2.00