Page 15 - AFL 2022 Grandfathered Guide with Legal Notices

LIFE INSURANCE AND

DISABILITY

Life and AD&D Insurance Disability Insurance
AFL provides basic life and AD&D insurance for employees and offers Disability insurance provides income
voluntary insurance options for employees and their dependents. replacement should you become
disabled and unable to work due to
Basic Life and AD&D Insurance a non-work-related illness or injury.
Life insurance is an important part of your financial wellbeing, AFL provides employees the option to
especially if others depend on you for support. AFL provides basic purchase Voluntary Short-Term Disability
life and accidental death and dismemberment insurance to all eligible and Long-Term Disability.
associates at no cost equal to a $25,000 maximum. Coverage is
automatic; you do not need to enroll. Coverage Benefit

Voluntary Life and AD&D Insurance Voluntary ΅ You need to elect Short-
Short-Term Term Disability in order to
You may choose to purchase additional life and AD&D coverage for Disability be enrolled. Short-Term
yourself and your dependents at affordable group rates. Rates are based Disability covers 50% of
on age and the coverage level chosen. your base pay up to $1,200
per week
΅ 15 day Elimination Period
Voluntary Life and AD&D Insurance for you
Voluntary ΅ You need to elect Long-
Employee Long-Term Term Disability in order to
΅ 1x to 5x base annual salary rounded to nearest $5,000 ($30,000 minimum) Disability be enrolled in this benefit.
΅ Up to a $1,500,000 maximum Long-Term Disability covers
50% of your base pay up to
$6,000 per month
Voluntary Life and AD&D Insurance for your dependents
΅ 180 day Elimination Period
Spouse
΅ Increments of $25,000 (not to exceed 50% of your voluntary life
and AD&D coverage)
΅ Up to a $100,000 maximum
΅ Guaranteed issue up to $50,000 Family Medical Leave
Act (FMLA)
Child(ren)
΅ You have two life insurance coverage options for your eligible dependent If you have been with the
children under the age of 19, or to age 25 if a full-time student company for 12 months, you
΅ $5,000 or $10,000 per child may be eligible for up to 12
work weeks of unpaid leave
It is the responsibility of the employee to remove coverage once per year under the Family and
dependents are no longer eligible for coverage. Medical Leave Act (FMLA).
FMLA can be used for an
illness of your own, care
needed for a family member,
care for a newborn and certain
other medical needs.

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