Page 12 - 2017-18 TechLab Benefits Guide
P. 12
Company Paid Life Insurance
Benefits
Basic Life Insurance
When you are a full-time employee, TechLab provides term life insurance
through Cigna at no cost to you. In the event of your death, our policy
helps provide a inancial safety net to your beneiciaries. Your coverage is
equal to 2 times your annual salary up to a maximum of $350,000.
Basic Accidental Death and Dismemberment
(AD&D) Insurance
If your death is the result of an accident or if an accident leaves you with
certain debilitating injuries, you’ll be covered under our accidental death
and dismemberment insurance for the same amount as the basic life
insurance beneit.
Designating Your Beneficiary
If you die while covered by this plan, the beneit is paid to the beneiciary
(or beneiciaries) you designate during enrollment. Please make sure your
beneiciary information is accurate.
This is a high level summary of your beneit coverage. Full coverage details are available in your
beneit certiicate. In the event there is a discrepancy between what is relected in this guide and
what is communicated in your certiicate, the terms of your certiicate will prevail.
12 2017–2018 Benefits Enrollment
Benefits
Basic Life Insurance
When you are a full-time employee, TechLab provides term life insurance
through Cigna at no cost to you. In the event of your death, our policy
helps provide a inancial safety net to your beneiciaries. Your coverage is
equal to 2 times your annual salary up to a maximum of $350,000.
Basic Accidental Death and Dismemberment
(AD&D) Insurance
If your death is the result of an accident or if an accident leaves you with
certain debilitating injuries, you’ll be covered under our accidental death
and dismemberment insurance for the same amount as the basic life
insurance beneit.
Designating Your Beneficiary
If you die while covered by this plan, the beneit is paid to the beneiciary
(or beneiciaries) you designate during enrollment. Please make sure your
beneiciary information is accurate.
This is a high level summary of your beneit coverage. Full coverage details are available in your
beneit certiicate. In the event there is a discrepancy between what is relected in this guide and
what is communicated in your certiicate, the terms of your certiicate will prevail.
12 2017–2018 Benefits Enrollment
