Page 23 - AESC 2019 Benefits Gudie
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Life and Disability As a newly eligible employee of
Envision AESC, you can elect up
Insurance to the guaranteed issue amounts
without submitting evidence of
Life and disability insurance is provided through Symetra. insurability (EOI) . If you decline
coverage during your initial
eligibility period and decide to
Basic Life and Accidental Death and elect coverage during a future
Dismemberment (AD&D) annual enrollment opportunity,
you will be required to submit
Envision AESC automatically provides you a beneit of two times your EOI .
annual salary (up to $500,000), at no cost to you, for life insurance and
accidental death and dismemberment insurance (age reductions apply). If you elect coverage for yourself
or your spouse when initially
eligible, each Fall during open
Employee Voluntary Life Insurance* enrollment you may increase
You are eligible to purchase voluntary life insurance in increments of your or your spouse’s coverage
by $25,000 without answering
$25,000, to the lesser of ive times your annual salary up to a maximum any medical questions; up to the
beneit of $500,000. You can elect up to the guaranteed issue limit of guaranteed issues amount of
$250,000 without completing evidence of insurability (EOI). $250,000 for yourself, or $50,000
for your spouse .
Spouse and Dependent Voluntary Life
Insurance* Long Term Disability
If you elect voluntary life coverage for yourself, you can also elect voluntary (LTD)
life coverage for your spouse in increments of $25,000 to a maximum The company provides long term
beneit of $150,000. You can elect up to the guaranteed issue limit of disability insurance (LTD) at no cost to
$50,000 without completing EOI. Dependent child life is available in you after you have been employed for
coverage levels of $6,000, $10,000, or $15,000 and is always guaranteed. 13 weeks. LTD coverage provides you
inancial assistance in the event you are
* In order for coverage to be effective, you must be actively at work, or your
spouse/dependent children must be performing the activities of similarly situated unable to work for an extended period
dependents, on the date coverage is effective .
of time. The plan covers 60% of your
pre-disability earnings, to a monthly
Short Term Disability (STD) beneit maximum of $10,000. Coverage
The company provides short term disability (STD) protection at no cost begins after you have been deemed
to you after you have been employed for 30 days to help provide inancial disabled for 180 days and may continue
security until you get back on your feet and return to work. Envision AESC up to Social Security Normal Retirement
provides STD which pays a percentage of your earnings after you have Age. Contact Human Resources for
been disabled for 7 consecutive days. If your disability continues, beneits more information. You must be actively
will be payable for up to 26 weeks from the date of disability. Contact at work on the day following completion
Human Resources for more information. You must be actively at work on of 13 weeks of employment in order
your 31st day of employment for coverage to be effective. for coverage to be effective.
Envision AESC 23
Envision AESC, you can elect up
Insurance to the guaranteed issue amounts
without submitting evidence of
Life and disability insurance is provided through Symetra. insurability (EOI) . If you decline
coverage during your initial
eligibility period and decide to
Basic Life and Accidental Death and elect coverage during a future
Dismemberment (AD&D) annual enrollment opportunity,
you will be required to submit
Envision AESC automatically provides you a beneit of two times your EOI .
annual salary (up to $500,000), at no cost to you, for life insurance and
accidental death and dismemberment insurance (age reductions apply). If you elect coverage for yourself
or your spouse when initially
eligible, each Fall during open
Employee Voluntary Life Insurance* enrollment you may increase
You are eligible to purchase voluntary life insurance in increments of your or your spouse’s coverage
by $25,000 without answering
$25,000, to the lesser of ive times your annual salary up to a maximum any medical questions; up to the
beneit of $500,000. You can elect up to the guaranteed issue limit of guaranteed issues amount of
$250,000 without completing evidence of insurability (EOI). $250,000 for yourself, or $50,000
for your spouse .
Spouse and Dependent Voluntary Life
Insurance* Long Term Disability
If you elect voluntary life coverage for yourself, you can also elect voluntary (LTD)
life coverage for your spouse in increments of $25,000 to a maximum The company provides long term
beneit of $150,000. You can elect up to the guaranteed issue limit of disability insurance (LTD) at no cost to
$50,000 without completing EOI. Dependent child life is available in you after you have been employed for
coverage levels of $6,000, $10,000, or $15,000 and is always guaranteed. 13 weeks. LTD coverage provides you
inancial assistance in the event you are
* In order for coverage to be effective, you must be actively at work, or your
spouse/dependent children must be performing the activities of similarly situated unable to work for an extended period
dependents, on the date coverage is effective .
of time. The plan covers 60% of your
pre-disability earnings, to a monthly
Short Term Disability (STD) beneit maximum of $10,000. Coverage
The company provides short term disability (STD) protection at no cost begins after you have been deemed
to you after you have been employed for 30 days to help provide inancial disabled for 180 days and may continue
security until you get back on your feet and return to work. Envision AESC up to Social Security Normal Retirement
provides STD which pays a percentage of your earnings after you have Age. Contact Human Resources for
been disabled for 7 consecutive days. If your disability continues, beneits more information. You must be actively
will be payable for up to 26 weeks from the date of disability. Contact at work on the day following completion
Human Resources for more information. You must be actively at work on of 13 weeks of employment in order
your 31st day of employment for coverage to be effective. for coverage to be effective.
Envision AESC 23
