Page 10 - 2023 SpecialtyCare Puerto Rico Benefit Guide
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2023 Benefits Guide
Ancillary Coverage-NY Life
Life and Accidental Death & Dismemberment (AD&D) Insurance Coverage
Life insurance is essential for your financial security, SpecialtyCare provides Basic Life and AD&D
especially if others depend on you for support. Insurance to all eligible employees at no cost to
Accidental Death & Dismemberment (AD&D) you: two times your base annual earnings, up to a
insurance provides a benefit in the event of maximum benefit of $700,000.
accidental death or dismemberment.
Life Assistance Program (LAP)
If you need professional support to deal with Included is three face-to-face visits and 24/7
personal, work, financial, or family issues, your Life telephonic support. Contact 800-538-3543 or
Assistance Program (LAP) can assist. http://www.nylgbs-lap.com/
Voluntary Life and Accidental Death & Dismemberment (AD&D) Insurance Coverage
Additional Life and AD&D Insurance is available for purchase through NY Life. If you buy extra Life and AD&D
Insurance, you may also purchase additional coverage for your spouse and child(ren).
Benefit Employee Spouse Child(ren)**
Life/ AD&D Benefit Amount* 1-5 times your salary up to a Increments of $1,000 up Increments of
lesser of 5 times your salary to lesser of 50% Employee $1,000 up to
or $1,000,000 Benefit Amount or $20,000
$250,000
Guaranteed Issue (GI) Amount*** Lesser of 3x salary or $50,000 $20,000
$500,000
New Hires: You must elect coverage when you are first eligible for coverage, or you will be required to go
through the Evidence of Insurability (EOI) application process and answer questions about your health.
* Age reductions apply to benefit amount. Please review plan documents.
** Age limit is the earlier of (a) the date the child gets married or (b) age 26.
***For the enrollment period of 11/21-12/9 2022, associates may enroll in Voluntary Life and AD&D coverage up to the guaranteed issue
amount without the EOI application requirement for 2023.
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