Page 8 - 2019 DLS Enrollment Guide
P. 8
2019 BENEFITS ENROLLMENT
What is Evidence LIFE AND DISABILITY
of Insurability INSURANCE
(EOI)?
If EOI is required this means Basic Life, AD&D and Disability insurance coverage is provided through MetLife at
you must provide certain no cost to the employee. Additional coverage may be purchased by the employee.
information about your health
in order for the insurance Basic Life and Accidental Death and
company to review your Dismemberment (AD&D)
information and approve you
for coverage. The company automatically provides you a benefit of $25,000, at no cost to you, for
If you are newly eligible and life insurance and accidental death and dismemberment insurance.
have not previously waived
coverage, you can elect up to Employee Voluntary Life and AD&D Insurance
the guaranteed issue amount
without submitting EOI. You You are eligible to purchase additional life insurance in increments of $10,000 to
may be required to submit a maximum of the lesser of 5 times your annual salary up to a maximum benefit
EOI if you have previously of $500,000. The same coverage options exist for voluntary AD&D insurance. You
waived this coverage or if you can elect up to the guaranteed issue amount of $100,000 without completing EOI
elect above the guaranteed (evidence of insurability).
issue amount.
Spouse and Dependent Voluntary Life and
AD&D Insurance
If you elect voluntary life coverage for yourself, you can also elect voluntary life
coverage for your spouse in coverage increments of $5,000 up to a maximum of
$100,000. You can elect up to the guaranteed issue amount of $25,000 without
complete EOI. Dependent child life coverage is available in coverage levels of
$1,000, $2,000, $4,000, $5,000 or $10,000.
Short Term Disability (STD)
The company provides short term disability (STD) insurance to help provide
financial security until you get back on your feet and return to work. The plan
covers 60% of your pre-disability earnings for up to 12 weeks. There is a 7-day
waiting period for illnesses and accidents.
Long Term Disability (LTD)
The company provides long term disability (LTD) insurance to offer you financial
assistance in the event you are unable to work for an extended period of time. The
plan covers 60% of your pre-disability earnings. The maximum benefit of base
coverage is $10,000 monthly.
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What is Evidence LIFE AND DISABILITY
of Insurability INSURANCE
(EOI)?
If EOI is required this means Basic Life, AD&D and Disability insurance coverage is provided through MetLife at
you must provide certain no cost to the employee. Additional coverage may be purchased by the employee.
information about your health
in order for the insurance Basic Life and Accidental Death and
company to review your Dismemberment (AD&D)
information and approve you
for coverage. The company automatically provides you a benefit of $25,000, at no cost to you, for
If you are newly eligible and life insurance and accidental death and dismemberment insurance.
have not previously waived
coverage, you can elect up to Employee Voluntary Life and AD&D Insurance
the guaranteed issue amount
without submitting EOI. You You are eligible to purchase additional life insurance in increments of $10,000 to
may be required to submit a maximum of the lesser of 5 times your annual salary up to a maximum benefit
EOI if you have previously of $500,000. The same coverage options exist for voluntary AD&D insurance. You
waived this coverage or if you can elect up to the guaranteed issue amount of $100,000 without completing EOI
elect above the guaranteed (evidence of insurability).
issue amount.
Spouse and Dependent Voluntary Life and
AD&D Insurance
If you elect voluntary life coverage for yourself, you can also elect voluntary life
coverage for your spouse in coverage increments of $5,000 up to a maximum of
$100,000. You can elect up to the guaranteed issue amount of $25,000 without
complete EOI. Dependent child life coverage is available in coverage levels of
$1,000, $2,000, $4,000, $5,000 or $10,000.
Short Term Disability (STD)
The company provides short term disability (STD) insurance to help provide
financial security until you get back on your feet and return to work. The plan
covers 60% of your pre-disability earnings for up to 12 weeks. There is a 7-day
waiting period for illnesses and accidents.
Long Term Disability (LTD)
The company provides long term disability (LTD) insurance to offer you financial
assistance in the event you are unable to work for an extended period of time. The
plan covers 60% of your pre-disability earnings. The maximum benefit of base
coverage is $10,000 monthly.
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