Page 16 - MB Aerospace Benefit Guide + Notices 2021
P. 16

Voluntary plans


        Accident Insurance                                      Critical Illness Insurance
        Accident Insurance provides benefits to help cover the   Coverage amounts
        costs associated with unexpected bills due to covered
        accidents, regardless of any other insurance you have.     Eligible    Initial         Requirements
        If you purchase coverage and are hurt in a covered        Individual  Benefit
        accident, you will receive a cash benefit for covered     Employee   $15,000 or   Coverage is guaranteed provided
        injuries that you may spend as you like.                             $30,000    you are actively at work.
                                                                  Spouse     100% of the  Coverage is guaranteed provided
        Coverage amounts
                                                                             employee’s  the employee is actively at work
                                                                             Initial    and the spouse is not subject to
                 Low Plan                  High Plan                         benefit    a medical restriction as set forth
                                                                                        in the Certificate.
         Cash benefit based on type   Same as low plan but with
         of accident (ranges from    a higher benefit ranging     Dependent  100% of the  Coverage is guaranteed provided
         $15-$5,000)               from $25-$10,000               Child(ren)  employee’s  the employee is actively at
                                                                             Initial    work and the dependent is not
                                                                             benefit    subject to a medical restriction
        Examples of covered injuries:
                                                                                        as set forth in the Certificate.
           ΅ Broken bones
           ΅ Burns                                              Examples of covered illnesses:
           ΅ Torn ligaments                                        ΅ Cancer
                                                                   ΅ Heart attack
           ΅ Cuts repaired by stitches                             ΅ Major organ transplant
           ΅ Eye injuries                                          ΅ End-stage renal (kidney) failure
           ΅ Ruptured discs                                        ΅ Coronary artery bypass graft surgery
           ΅ Concussion                                            ΅ Stroke
                                                                Your initial benefit provides a lump-sum payment upon
                                                                the first diagnosis of a covered condition. Your plan pays
                                                                a recurrence benefit for certain covered conditions.












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