Page 31 - RTF.24 Employee Benefits

SCHEDULE OF BENEFITS

Class of Employees

This schedule covers the following class(es) of Employees of companies and affiliates controlled by the
Policyholder:
All full-time Employees working at least 30 hours per week.
Employee Waiting Period:

An Employee is eligible for insurance on the later of the following dates:
1. The Group Policy’s Effective Date April 1, 2018
2. The date the Covered Person begins continuous employment with the Employer.

Covered Person Insurance:
Annual Earnings Definition: The Annual Earnings received from the Covered Person’s employer. Annual
Earnings include commissions for the year ending prior to the Policy Anniversary period. It does not include
bonuses, overtime pay and other extra compensation. Annual Earnings will be rounded to the next higher
thousand.

Life Insurance Benefit:

Classification Benefit Amount

Class Description

All full-time Employees $ 25,000

Evidence of Insurability Requirements for the Employee Life Insurance Benefit

Employee Life Insurance Benefit amounts in excess of $100,000 are subject to evidence of insurability. However,
the Employee may not apply for amounts of insurance which exceed the Employee’s eligible Life Insurance
Benefit Amount that is stated above.
Reduction of Life Insurance Benefits at a Certain Age
Life Insurance Benefit will reduce to 65% at age 65, 50% at age 70.
Accelerated Death Benefit: Up to 50% of the Life Insurance in force to a maximum $50,000. Employee must
have at least $10,000 in Life Insurance in-force to qualify for this benefit. Employee may receive this as a lump
sum or as a settlement option.

Accidental Death and Dismemberment Benefit:
The Accidental Death and Dismemberment Insurance Benefit is the same as the Life Insurance Benefit, however,
the Accidental Death and Dismemberment Insurance Benefit will terminate at retirement.

Accidental Death and Dismemberment Insurance Benefits are issued on an occupational (24 hour) basis.

SB (OH) 2