Page 24 - Guide
P. 24
Child Life Insurance
You may elect supplemental life coverage for your dependent children in an amount
of either $5,000 or $10,000. Please note you must be enrolled in the supplemental
life coverage to purchase amounts on your dependent(s). Rates are based on the
coverage level you select, regardless of the number of children you cover. No
evidence of insurability (EOI) is required for this coverage.
Spouse Life Insurance
You may purchase from $10,000 to $100,000 of coverage for your spouse or SSDP
in $10,000 increments. Please note you may only purchase this coverage for your
dependents if you have enrolled in supplemental life yourself. The spouse’s or
SSDP’s coverage amount is limited to 50% of your basic and supplemental life
amounts combined. Rates are based on the amount of insurance you purchase and
your age.
Evidence of insurability (EOI) is required if you elect or increase spouse life
insurance coverage.
If your spouse works for Hussmann, certain eligibility rules apply. Please
contact HR for details.
Dependent AD&D Insurance
If you purchase supplemental AD&D insurance for yourself, you may also purchase
AD&D coverage for your family. Payroll deductions for supplemental AD&D
insurance are calculated on a 2-tier basis, single and family. Your family supplemental
AD&D beneits will vary depending on your family status at the time of an AD&D
claim.
X Spouse only: the beneit will be equal to 50% of your supplemental AD&D
beneit
X Spouse and child(ren): the beneit for your spouse will be equal to 60% of
your supplemental AD&D beneit; the beneit for your child(ren) will be equal to
10% of your supplemental AD&D beneit
Hussmann
24 Corporation
You may elect supplemental life coverage for your dependent children in an amount
of either $5,000 or $10,000. Please note you must be enrolled in the supplemental
life coverage to purchase amounts on your dependent(s). Rates are based on the
coverage level you select, regardless of the number of children you cover. No
evidence of insurability (EOI) is required for this coverage.
Spouse Life Insurance
You may purchase from $10,000 to $100,000 of coverage for your spouse or SSDP
in $10,000 increments. Please note you may only purchase this coverage for your
dependents if you have enrolled in supplemental life yourself. The spouse’s or
SSDP’s coverage amount is limited to 50% of your basic and supplemental life
amounts combined. Rates are based on the amount of insurance you purchase and
your age.
Evidence of insurability (EOI) is required if you elect or increase spouse life
insurance coverage.
If your spouse works for Hussmann, certain eligibility rules apply. Please
contact HR for details.
Dependent AD&D Insurance
If you purchase supplemental AD&D insurance for yourself, you may also purchase
AD&D coverage for your family. Payroll deductions for supplemental AD&D
insurance are calculated on a 2-tier basis, single and family. Your family supplemental
AD&D beneits will vary depending on your family status at the time of an AD&D
claim.
X Spouse only: the beneit will be equal to 50% of your supplemental AD&D
beneit
X Spouse and child(ren): the beneit for your spouse will be equal to 60% of
your supplemental AD&D beneit; the beneit for your child(ren) will be equal to
10% of your supplemental AD&D beneit
Hussmann
24 Corporation
