Page 12 - LADACIN 2022-23 Benefit Guide

Your Life and Accidental

Death & Dismemberment

(AD&D) Insurance Plans

LIFE INSURANCE DISABILITY INSURANCE COVERAGE

Life insurance is an important part of your financial security, Disability insurance provides income replacement should
especially if you support a family. you become disabled and unable to work due to a non-
work-related illness or injury. The company provides all
The company provides basic life insurance to all eligible eligible employees with disability income benefits through
employees at no cost equal to 2 times your salary not to the State of New Jersey. Participation is automatic. You do
exceed $300,000. Coverage is automatic. You do not need not need to enroll.
to enroll.

AD&D INSURANCE
Accidental Death & Dismemberment (AD&D) insurance is
designed to provide a benefit in the event of accidental Coverage Benefit
death or dismemberment.

Follows the State of New
The company provides AD&D Insurance to all eligible Short-Term Disability
employees at no cost equal to 2 times your salary not to Jersey Mandated Benefit
exceed $300,000. Coverage is automatic. You do not need
to enroll.

We strongly recommend that you complete a beneficiary
designation upon enrollment and review/update it
periodically.

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