Page 33 - Gray_2020 Benefit Guide
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                                                                           PHONE: 800-357-6246
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            Life insurance is an important part of your
            financial well-being, especially when your
            loved ones depend on you for support.







                                              What is the value of my policy?



                                              Gray provides basic life insurance and Accidental
                                              Death and Dismemberment (AD&D) to all eligible team
                                              members at no cost in the amount of one times your
                                              annual salary, up to a maximum of $50,000.

                                              AD&D pays a benefit to you or your beneficiary in the event of
                                              certain accidental injuries or loss of life due to an accident.










            Why is life insurance important?




                   It protects your      It pays off debts      It can cover final     It offers peace of
                   family and loved      and other expenses.    expenses. Sadly, the   mind. While no
                   ones by replacing     Beyond the cost of     cost of a funeral/     amount of money
                   your income in the    everyday living, your   burial can easily cost   could ever replace a
                                                                tens of thousands of
                   unfortunate event     family needs to cover   dollars. Life insurance   person, life insurance
                   of your passing.      outstanding debts like   can help reduce this   provides protection
                                         the mortgage, credit   unfortunate financial
                                         cards and car loans.   burden.                for life’s uncertainties.







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