Page 28 - Franklin Madison 2022 Benefits Guide
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AD&D Options
You are provided Basic Accidental Death and Dismemberment (AD&D) Insurance by
Franklin Madison—and you may purchase Voluntary AD&D Insurance to supplement your
Company-provided coverage through The Hartford. You pay the full cost of Voluntary
AD&D coverage through after-tax payroll deductions.
Information Online Basic AD&D Insurance
See coverage amounts and costs through the online Franklin Madison provides you with the following
Beneits Portal at access.paylocity.com. coverages, at no charge:
y AD&D insurance coverage equal to 1.5 times
your annual Beneit Salary, up to a maximum of
$600,000.
Voluntary AD&D Insurance
Voluntary AD&D Insurance pays a beneit if you are
severely injured or die as the result of an accident.
It covers accidents both on and of the job, at home
and away, 24 hours a day.
You may purchase coverage in an amount equal to
1, 2, 3, 4, or 5 times your annual Beneit Salary, up
to a maximum beneit of $750,000. You pay the full
cost of coverage through pre-tax payroll deductions.
Evidence of Insurability may be required.
You do not have to enroll for Voluntary Life
Insurance to elect Voluntary AD&D Insurance.
If you elect coverage for yourself, you can also
purchase Voluntary AD&D Insurance for your
eligible dependents. Beneits are paid according
to your family makeup, as shown in the following
chart.
This percentage of your
If the accident or loss happens Voluntary AD&D beneit is
to your: payable:
Spouse only 50%
Child(ren) only 15% for each child
50% for spouse;
Spouse and child(ren) only 10% for each child
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You are provided Basic Accidental Death and Dismemberment (AD&D) Insurance by
Franklin Madison—and you may purchase Voluntary AD&D Insurance to supplement your
Company-provided coverage through The Hartford. You pay the full cost of Voluntary
AD&D coverage through after-tax payroll deductions.
Information Online Basic AD&D Insurance
See coverage amounts and costs through the online Franklin Madison provides you with the following
Beneits Portal at access.paylocity.com. coverages, at no charge:
y AD&D insurance coverage equal to 1.5 times
your annual Beneit Salary, up to a maximum of
$600,000.
Voluntary AD&D Insurance
Voluntary AD&D Insurance pays a beneit if you are
severely injured or die as the result of an accident.
It covers accidents both on and of the job, at home
and away, 24 hours a day.
You may purchase coverage in an amount equal to
1, 2, 3, 4, or 5 times your annual Beneit Salary, up
to a maximum beneit of $750,000. You pay the full
cost of coverage through pre-tax payroll deductions.
Evidence of Insurability may be required.
You do not have to enroll for Voluntary Life
Insurance to elect Voluntary AD&D Insurance.
If you elect coverage for yourself, you can also
purchase Voluntary AD&D Insurance for your
eligible dependents. Beneits are paid according
to your family makeup, as shown in the following
chart.
This percentage of your
If the accident or loss happens Voluntary AD&D beneit is
to your: payable:
Spouse only 50%
Child(ren) only 15% for each child
50% for spouse;
Spouse and child(ren) only 10% for each child
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