Page 4 - Michigan Economic Development Corp 2021 Renewal Information

Michigan Economic Development Corporation

Current Benefit Offerings

UNUM Life/AD&D

2 x earnings to a maximum of $500,000 of Term Life and Accidental
Death and Dismemberment; $500,000 is Guaranteed Issue

UNUM Voluntary Life/AD&D

Increments of $10,000 - $500,000, $100,000 Guaranteed Issue for
Employee; $25,000 for Spouse, $10,000 for Child(ren)

UNUM STD

1 day accident, 8 day sickness up to a duration of 26 weeks, 60% of
st
th
weekly earnings to a weekly maximum of $2000/week

UNUM Voluntary LTD

180-day e.p., 60% of monthly earnings to a maximum monthly benefit
of $10,000, Two Year Own Occupation, Post Tax

All UNUM lines of coverage received a rate pass for 2021

AllState

Critical Illness and Accident policies – available on the Bernie Portal