Page 19 - Impact Floors 2022 Benefit Guide

Life insurance and disability

Life and AD&D Insurance

Impact Floors provides basic life and AD&D insurance for Voluntary Life and AD&D Insurance
employees and offers voluntary insurance options for You may choose to purchase additional life and AD&D
employees and their dependents. This insurance is offered coverage for yourself and your dependents at affordable
through MetLife group rates. Rates are based on age and the coverage
level chosen.
Basic Life and AD&D Insurance

Life insurance is an important part of your financial wellbeing, MetLife Voluntary Life and AD&D Insurance for you
especially if others depend on you for support. Impact Floors Employee
provides basic life and accidental death and dismemberment
insurance at no cost equal to $15,000. Coverage is automatic;  Increments of $10,000 up to 5x your base annual salary
you do not need to enroll.  Up to a $500,000 maximum
 Guaranteed issue up to $100,000
Family Medical Leave Act (FMLA) Voluntary Life and AD&D Insurance
for your dependents
If you have been with the company for 12 months, Spouse Child(ren)
you may be eligible for up to 12 work weeks of unpaid
leave per year under the Family and Medical Leave Act  Increments of $5,000  Children under 15 days old:
(FMLA). FMLA can be used for an illness of your own, (not to exceed 50% of $100 benefit
care needed for a family member, care for a newborn your voluntary life and  Children 15 days to 6 month
and certain other medical needs. AD&D coverage) old: $500 benefit
 Up to a $100,000  Children age 6 months
maximum to 26: Options of $1,000,
 Guaranteed issue up $2,000, $4,000, $5,000 or
to $25,000 $10,000

Monthly Employee & Spouse Rate

Life & AD&D Combined
Age per $1,000 of coverage
<25 $0.124
25–29 $0.124
30–34 $0.128
35–39 $0.153
40–44 $0.204
45–49 $0.303
50–54 $0.471
55–59 $0.701
60–64 $1.090
65–69 $1.834
70–74 $3.377
75–79 $3.377
80+ $3.377
Child Rate $0.291

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