Page 12 - Tessenderlo Kerley, Inc 2022 Benefit Guide
P. 12

LIFE INSURANCE





        Tessenderlo Kerley provides basic life and Accidental Death and            Voluntary Life Insurance for you
        Dismemberment (AD&D) insurance for employees and offers voluntary
        insurance options for employees and their dependents through               Employee
                                                                                   • Increments of $50,000 up to 3 times your base annual salary
        The Hartford.                                                              • Up to a $500,000 maximum
                                                                                   • Guaranteed issue up to $200,000*
        Basic Life and AD&D Insurance                                              Voluntary Life Insurance for your dependents
        Life insurance is an important part of your financial wellbeing,           Spouse                                 Child(ren)
        especially if others depend on you for support. Tessenderlo Kerley         • Increments of $25,000 (not to exceed   • $10,000 per child
        provides basic life and accidental death and dismemberment insurance         50% of your voluntary life coverage)  • Covered from age 15 days to
        at no cost to you, equal to 2 times your base annual salary (with          • Up to a $250,000 maximum               19 years old; 26 if FT student
        applicable caps).                                                          • Guaranteed issue up to $50,000       • Guaranteed issue up to $10,000
                                                                                  *Guarantee issue is only available to employees during the first 30 days of employment.
        Voluntary Life Insurance
        You may choose to purchase additional life coverage for yourself and
        your dependents at affordable group rates. Rates are based on age and
        the coverage level chosen.

































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