Page 12 - Guide
P. 12
Life, Voluntary Life, and EAP
Basic Life Insurance
RallySport Direct provides, at no cost to you, basic life and accidental death and
dismemberment insurance. In the event of your death, our life insurance policy
helps provide a general safety net for your beneiciaries. Your coverage is equal to
$10,000 in life insurance and $10,000 in AD&D insurance. If your death is the result
of an accident or if an accident leaves you with certain debilitating injuries, you will
be covered under our accidental death and dismemberment insurance for the same
amount. We hope this company paid policy helps you feel more secure and prepared
to manage your inancial goals and obligations.
If you die while covered by this plan, the beneit is paid to the beneiciary (or
beneiciaries) you designate in writing. This core life insurance coverage is paid in full
by RallySport Direct and is fully insured by Unum.
Voluntary Life Insurance
We recognize you and your family have speciic needs and our company paid life
insurance policy may not be enough to ensure your inancial security if your income
were suddenly lost. If necessary, we offer a voluntary life insurance option with
competitive group rates so you can purchase and secure the inancial protection you
need. Voluntary life insurance can be purchased in increments of $10,000 up to ive
times your basic annual earnings to a maximum of $500,000.
Spousal life insurance is also available in increments of $5,000 up to 100% of the
employee life amount or $500,000
You can also insure you dependent children for a lat amount of $10,000.
Evidence of insurability (EOI) or proof of good health is required if you select
more than the guarantee issue of $110,000 for employees and $25,000 for spouses.
When you purchase voluntary life coverage for yourself, your spouse and/or your
children, you will automatically be enrolled in voluntary AD&D coverage as well.
12 RallySport Direct
Basic Life Insurance
RallySport Direct provides, at no cost to you, basic life and accidental death and
dismemberment insurance. In the event of your death, our life insurance policy
helps provide a general safety net for your beneiciaries. Your coverage is equal to
$10,000 in life insurance and $10,000 in AD&D insurance. If your death is the result
of an accident or if an accident leaves you with certain debilitating injuries, you will
be covered under our accidental death and dismemberment insurance for the same
amount. We hope this company paid policy helps you feel more secure and prepared
to manage your inancial goals and obligations.
If you die while covered by this plan, the beneit is paid to the beneiciary (or
beneiciaries) you designate in writing. This core life insurance coverage is paid in full
by RallySport Direct and is fully insured by Unum.
Voluntary Life Insurance
We recognize you and your family have speciic needs and our company paid life
insurance policy may not be enough to ensure your inancial security if your income
were suddenly lost. If necessary, we offer a voluntary life insurance option with
competitive group rates so you can purchase and secure the inancial protection you
need. Voluntary life insurance can be purchased in increments of $10,000 up to ive
times your basic annual earnings to a maximum of $500,000.
Spousal life insurance is also available in increments of $5,000 up to 100% of the
employee life amount or $500,000
You can also insure you dependent children for a lat amount of $10,000.
Evidence of insurability (EOI) or proof of good health is required if you select
more than the guarantee issue of $110,000 for employees and $25,000 for spouses.
When you purchase voluntary life coverage for yourself, your spouse and/or your
children, you will automatically be enrolled in voluntary AD&D coverage as well.
12 RallySport Direct
