Page 17 - Yaskawa Motoman Robotics 2022 Benefits Guide
P. 17
2022
Benefits Guide
Life and AD&D
Group Term Life Insurance in the amount of $50,000, or two (2) times your base annual wage, rounded up
to the next $1,000, is provided at no cost to all full-time employees. In addition, the company provides
Accidental Death and Dismemberment coverage equal to $50,000, or two (2) times your base salary.
With your automatic enrollment in basic term life with Guardian, employees are eligible to earn “Tuition Rewards” through their
College Tuition Beneit Program. Visit www.guardian.collegetuitionbeneit.com to learn more.
Voluntary Life
Voluntary Programs (100% Employee-Paid Benefits)
Voluntary term life insurance through Guardian is available to Employees and their dependents.
X Eligible Employees: 1 to 5 times your annual earnings up to $750,000. (Health statements are required
for employees that did not previously enroll during their new hire enrollment period or to increase their
original beneit.)
X Spouse coverage: increments of $10,000 to a maximum of $150,000. (Health statements are required for
spouses if the spouse was not previously enrolled during the employee’s new hire enrollment period or
to increase the spouse’s original beneit.)
X Child coverage: employees may elect child optional life in the amount of $2,500, $5,000, $7,500, or
$10,000. Children are eligible for this beneit from 14 days to 26 years. Children from 0 days to 14 days
are eligible for optional life in the amount of $500. The child beneit is per child unit; a unit can be one
(1) or more children.
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Benefits Guide
Life and AD&D
Group Term Life Insurance in the amount of $50,000, or two (2) times your base annual wage, rounded up
to the next $1,000, is provided at no cost to all full-time employees. In addition, the company provides
Accidental Death and Dismemberment coverage equal to $50,000, or two (2) times your base salary.
With your automatic enrollment in basic term life with Guardian, employees are eligible to earn “Tuition Rewards” through their
College Tuition Beneit Program. Visit www.guardian.collegetuitionbeneit.com to learn more.
Voluntary Life
Voluntary Programs (100% Employee-Paid Benefits)
Voluntary term life insurance through Guardian is available to Employees and their dependents.
X Eligible Employees: 1 to 5 times your annual earnings up to $750,000. (Health statements are required
for employees that did not previously enroll during their new hire enrollment period or to increase their
original beneit.)
X Spouse coverage: increments of $10,000 to a maximum of $150,000. (Health statements are required for
spouses if the spouse was not previously enrolled during the employee’s new hire enrollment period or
to increase the spouse’s original beneit.)
X Child coverage: employees may elect child optional life in the amount of $2,500, $5,000, $7,500, or
$10,000. Children are eligible for this beneit from 14 days to 26 years. Children from 0 days to 14 days
are eligible for optional life in the amount of $500. The child beneit is per child unit; a unit can be one
(1) or more children.
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