Page 16 - National General 2021 Annual Benefits Enrollment
P. 16
Life Insurance
The Hartford Life Insurance and AD&D Coverage
Because your financial security is important, we provide Basic Term Life Insurance and Accidental Death &
Dismemberment (AD&D) coverage at no cost to you. You may purchase additional, supplemental coverage to increase
your coverage amounts.
At No Cost To You, Basic Term Life If You Purchase Supplemental Life
Insurance Gives You: Insurance For Yourself, Your Spouse And
Coverage of 1× your base salary (up to $300,000) Dependents, You Get:
AD&D coverage as part of your life insurance Group discounted rates
The ability to convert to an individual policy if you AD&D coverage (for employee supplemental life only)
leave the company To purchase up to $1,500,000 supplemental life
Possible waiver of premiums if you become disabled —Evidence of insurability required*
Possible accelerated death benefit if you are To purchase up to $150,000 spouse life insurance
diagnosed with a terminal disease —Evidence of insurability required*
To purchase up to $50,000 life insurance for your
child(ren)
Don’t forget to designate a beneficiary for employee
life insurance.
* You will receive email correspondence directly from The Hartford.
2021 Supplemental Life and AD&D and dependent Life Rates
Monthly cost per $1,000 of coverage
Age Employee Spouse
Employee and Spouse < 25 $0.079 $0.060
Life Insurance
Rates are based on 25-29 $0.099 $0.080
volume of coverage and 30-34 $0.119 $0.100
age as of
January 1 of the plan 35-39 $0.129 $0.110
year. Employee basic and 40-44 $0.149 $0.130
supplemental life includes 45-49 $0.209 $0.190
Accidental Death 50-54 $0.309 $0.290
and Dismemberment
coverage (AD&D). 55-59 $0.559 $0.540
60-64 $0.849 $0.830
65-69 $1.609 $1.590
>70 $2.599 $2.580
Child(ren) Life Insurance The monthly cost is $0.080 per $1,000
of coverage and all eligible dependent
children are included in the cost.
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The Hartford Life Insurance and AD&D Coverage
Because your financial security is important, we provide Basic Term Life Insurance and Accidental Death &
Dismemberment (AD&D) coverage at no cost to you. You may purchase additional, supplemental coverage to increase
your coverage amounts.
At No Cost To You, Basic Term Life If You Purchase Supplemental Life
Insurance Gives You: Insurance For Yourself, Your Spouse And
Coverage of 1× your base salary (up to $300,000) Dependents, You Get:
AD&D coverage as part of your life insurance Group discounted rates
The ability to convert to an individual policy if you AD&D coverage (for employee supplemental life only)
leave the company To purchase up to $1,500,000 supplemental life
Possible waiver of premiums if you become disabled —Evidence of insurability required*
Possible accelerated death benefit if you are To purchase up to $150,000 spouse life insurance
diagnosed with a terminal disease —Evidence of insurability required*
To purchase up to $50,000 life insurance for your
child(ren)
Don’t forget to designate a beneficiary for employee
life insurance.
* You will receive email correspondence directly from The Hartford.
2021 Supplemental Life and AD&D and dependent Life Rates
Monthly cost per $1,000 of coverage
Age Employee Spouse
Employee and Spouse < 25 $0.079 $0.060
Life Insurance
Rates are based on 25-29 $0.099 $0.080
volume of coverage and 30-34 $0.119 $0.100
age as of
January 1 of the plan 35-39 $0.129 $0.110
year. Employee basic and 40-44 $0.149 $0.130
supplemental life includes 45-49 $0.209 $0.190
Accidental Death 50-54 $0.309 $0.290
and Dismemberment
coverage (AD&D). 55-59 $0.559 $0.540
60-64 $0.849 $0.830
65-69 $1.609 $1.590
>70 $2.599 $2.580
Child(ren) Life Insurance The monthly cost is $0.080 per $1,000
of coverage and all eligible dependent
children are included in the cost.
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