Page 10 - Florida Aquarium Benefits-at-a-Glance Guide 2022-2023

Basic and Voluntary Life

BASIC LIFE INSURANCE

The Florida Aquarium provides life insurance to all active full-time employees, at no cost! The chart below
provides an overview of the plan.

Basic Life Insurance Lincoln
Benefit Outline

Eligible Full Time Employees $50,000
At age 65 reduce by 35% of original amount,
Age Reduction Schedule
at age 70 reduce by 50% of in force amount
AD&D Included - Equal to basic life
• Please make sure your beneficiary information is up to date and on file with Human Resources. You may change your
beneficiary at any time.

VOLUNTARY LIFE INSURANCE

The Florida Aquarium provides all active employees the option to purchase life insurance coverage through
a group plan. The chart below provides an overview of the plan.

Voluntary Life Insurance Lincoln

Increments of $10,000 up to the lesser of $500,000 or 7x annual salary.
Employee Life
Minimum of $10,000
Guarantee Issue $150,000
Increments of $5,000 up to lesser of 50% of employee's amount or $100,000. Guarantee Issue -
Spouse Life
$30,000
15 days to 6 months old: $1,000
Dependent Life 6 months to less than 19 years (26 if full time student): choice of $1,000; $2,000; $4,000; $5,000;
$10,000
Waiver of Premium Benefit Included to the earlier of age 65, retirement or recovery
Convertible
Included
Portable
Enrollment Events Includes annual enrollment period

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