Page 12 - Hickory Crawdads 2022 Flipbook
P. 12
VOLUNTARY LIFE AND AD&D INSURANCE
Your Voluntary Life and AD&D
Insurance - Unum
You have the option to purchase
additional life insurance
coverage. New hires can elect Benefit
Voluntary Life Insurance for
themselves and their spouses up Employee Increments of $10,000 up to 5 times your annual
to the guaranteed issue amounts Life salary, not to exceed $500,000
listed with no medical (EOI required for amounts over $200,000)
underwriting. Employees who did Employee Increments of $10,000 up to 5 times your annual
not elect coverage when they AD&D salary, not to exceed $500,000
were originally hired can still
take advantage of this coverage Increments of $5,000, not to exceed 100% of
but will have to provide Evidence Spouse employee coverage
of Insurability information and be (EOI required for amounts over $30,000)
medically underwritten.
Spouse Increments of $5,000, not to exceed 50% of employee
coverage up to $250,000
AD&D
Evidence of Insurability Child Live birth to 6 months: $1,000
If you apply for additional life insurance, 6 months to age 26: $10,000
you may be required to fill out evidence Voluntary Employee and Spouse Life insurance rates are based on
of insurability, also called an EOI form. employee age bands. The Employee’s age is updated the pay cycle
After the enrollment, a member of the following the Employees birthday.
Human Resource team will send you a
digital evidence of insurability form to In order to carry Voluntary Life Insurance and/or Voluntary AD&D for your
complete. The form should be returned Dependents you must carrier Voluntary Life Insurance and/or Voluntary
directly to Unum. The amount you elect AD&D for yourself.
that is more than the Guaranteed Issue
limits will not be effective until you are
approved for coverage
The above is a brief summary of this benefit option.
Click here for more detailed information on this available benefit option.
2022 Hickory Crawdads Benefit Guide Page 12
