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Life insurance and disability

Life and AD&D Insurance Long-Term Disability Insurance
MCA provides basic life and AD&D insurance for employees Long-Term Disability Insurance provides income
and offers voluntary insurance options for employees and replacement should you become disabled and unable
their dependents. to work due to a non-work-related illness or injury.
MCA provides eligible employees with long-term
Basic Life and AD&D Insurance disability coverage at no cost as shown below. Coverage
is automatic; you do not need to enroll.
Life insurance is an important part of your financial
wellbeing, especially if others depend on you for support.
MCA provides basic life and accidental death and Coverage Benefit
dismemberment insurance to all eligible associates at no
cost equal to 2 times your base annual earnings, up to a ● 66 2/3% of your base salary, to a maximum
maximum of $750,000. Coverage is automatic; you do not of $10,000 per month if you are disabled and
need to enroll. are unable to work for more than 180 days.
● The employer cost for this coverage is
Long-Term imputed into your pay taxation. In the event
Supplemental and Dependent Insurance Disability you are approved for an LTD claim, this
You may choose to purchase additional life coverage for 66 2/3% benefit will be non-taxable to you.
yourself and your dependents at affordable group rates. ● Benefits are offset with other sources
Rates are based on age and the coverage level chosen. of income, such as Social Security and
Workers’ Compensation.

Supplemental Life Insurance for you
Employee Evidence of Insurability
● 1x - 4x your base annual salary
● Up to a $750,000 maximum If you elect over the guaranteed issue amount
for supplemental life, an Evidence of Insurability
(EOI) form will need to be completed. Coverage
Supplemental Life Insurance for your dependents
will take effect the first of the month following
Spouse Child(ren) approval of your EOI. Human Resources will send
● The amount of Dependent ● $15,000 per child you a copy of the form if applicable.
Life Insurance coverage
cannot be greater than
50% of the combined
basic and optional
Employee Benefit
● Up to a $150,000 maximum

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