Page 18 - 2015 DAN Benefits Guide
P. 18
Open
Enrollment
Life and Accidental Death and Dismemberment (AD&D)
Our life and accident insurance plans Supplemental Life Insurance
provide inancial protecion in the You may elect coverage of 1-5x annual salary, up to $1,000,000. During
event of the death of a covered person the 2015 annual enrollment you can select any coverage amount with
or upon certain other losses sufered as no quesions or health exams up to the guaranteed issue amount of
the result of an accident. Our company $200,000. You can get this guaranteed coverage during this year’s
paid Life and AD&D plan consists enrollment only. During future annual enrollments, you can increase your
basic coverage provided at no cost to coverage up to any level but you will need to answer health quesions.
you and voluntary beneits you may
elect if you wish to provide addiional If you currently have over $200,000 in coverage, your elecion is
coverage. considered grandfathered and quesions or health exams are not required
to maintain your current elecion. The enrollment system has been
Basic Life and AD&D programmed to prompt you when medical quesions are required.
Insurance
This important coverage is provided at Spouse Life Insurance
no cost to eligible employees: If you currently have spouse life insurance, you may increase it during
open enrollment without EOI (proof of good health), as long as the new
X Basic Life Insurance—2x your elecion isn’t greater than $50,000. If you waived spouse life insurance
annual salary up to a maximum of when irst eligible, EOI will be required to elect any amount of coverage
$350,000 (up to a maximum of $1 during open enrollment.
million for Senior Level Execuives)
You must elect supplemental life insurance to elect spouse life insurance.
X AD&D Insurance—2x your annual You may elect spouse life insurance in increments of $10,000, up to
salary up to a maximum of the amount of your employee supplemental life elecion or $500,000,
$350,000 (up to a maximum of $1 whichever is less.
million for Senior Level Execuives)
Child Life Insurance
You may elect $10,000 in life insurance coverage for your eligible children
without any need to provide proof of their health. You must elect
employee supplemental life insurance to elect child life insurance.
You will be asked to provide How Are These Benefits Calculated?
information or confirm
your current beneficiary Your basic, AD&D, and supplemental life insurance as
information when you of January 1, 2015 will relect your annual salary as of
enroll online. October 31, 2014.
18
Enrollment
Life and Accidental Death and Dismemberment (AD&D)
Our life and accident insurance plans Supplemental Life Insurance
provide inancial protecion in the You may elect coverage of 1-5x annual salary, up to $1,000,000. During
event of the death of a covered person the 2015 annual enrollment you can select any coverage amount with
or upon certain other losses sufered as no quesions or health exams up to the guaranteed issue amount of
the result of an accident. Our company $200,000. You can get this guaranteed coverage during this year’s
paid Life and AD&D plan consists enrollment only. During future annual enrollments, you can increase your
basic coverage provided at no cost to coverage up to any level but you will need to answer health quesions.
you and voluntary beneits you may
elect if you wish to provide addiional If you currently have over $200,000 in coverage, your elecion is
coverage. considered grandfathered and quesions or health exams are not required
to maintain your current elecion. The enrollment system has been
Basic Life and AD&D programmed to prompt you when medical quesions are required.
Insurance
This important coverage is provided at Spouse Life Insurance
no cost to eligible employees: If you currently have spouse life insurance, you may increase it during
open enrollment without EOI (proof of good health), as long as the new
X Basic Life Insurance—2x your elecion isn’t greater than $50,000. If you waived spouse life insurance
annual salary up to a maximum of when irst eligible, EOI will be required to elect any amount of coverage
$350,000 (up to a maximum of $1 during open enrollment.
million for Senior Level Execuives)
You must elect supplemental life insurance to elect spouse life insurance.
X AD&D Insurance—2x your annual You may elect spouse life insurance in increments of $10,000, up to
salary up to a maximum of the amount of your employee supplemental life elecion or $500,000,
$350,000 (up to a maximum of $1 whichever is less.
million for Senior Level Execuives)
Child Life Insurance
You may elect $10,000 in life insurance coverage for your eligible children
without any need to provide proof of their health. You must elect
employee supplemental life insurance to elect child life insurance.
You will be asked to provide How Are These Benefits Calculated?
information or confirm
your current beneficiary Your basic, AD&D, and supplemental life insurance as
information when you of January 1, 2015 will relect your annual salary as of
enroll online. October 31, 2014.
18
