Page 35 - 2020 Benefit

A Guide to Your Health and Wellness Benefits | 2020

Life and Accidental Death & Dismemberment
(AD&D) Insurance Coverage

The Company provides Basic Life and
Life insurance is an important part of your
Life and Accidental Death & Dismemberment
AD&D Insurance to all eligible employees,
financial security, especially if others
depend on you for support. Accidental at no cost to you. This benefit includes:

(AD&D) Insurance Coverage $25,000
Death & Dismemberment (AD&D)
insurance is designed to provide a benefit Age Reductions:
in the event of accidental death or Benefits reduce to 65% at age 65
dismemberment. Benefits reduce to 50% at age 70

Life insurance is an important part of your
Voluntary Life Insurance Coverage
financial security, especially if others
depend on you for support. Accidental
Death & Dismemberment (AD&D)
Voluntary life insurance provides you with the option of purchasing additional voluntary life for you, your spouse and
insurance is designed to provide a benefit
eligible dependent children. You pay the cost for the voluntary life coverage you select through payroll deductions. This
in the event of accidental death or
benefit includes:
dismemberment.
 Employee: 5x annual salary up to $500,000 (Guarantee issue 5x salary up to $100,000)

 Spouse: 100% of employees benefit up to $250,000 (Guarantee issue 100% of employee’s benefit up to $25,000)
 Children (birth to age 26): $10,000 (Guarantee issue $10,000)

Voluntary Disability Insurance Coverage

Disability Insurance Coverage Long-Term Disability (LTD):
The goal of the Company’s Disability Insurance Plans is to
provide you with income replacement should you become  Covers 60% of your monthly pre-
disabled and unable to work due to a non-work-related disability earnings — up to a $10,000
illness or injury. You pay the cost for the voluntary Long monthly maximum.
Term Disability coverage you select through payroll  Benefits begin after 180 days of
deductions. disability or illness and continue to
the earlier of recovery or to age 65 if
you continue to meet the policy
requirements for continued
disability.

6 | 2020 Benefit Guide