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Life and AD&D Insurance
Life and AD&D Basic Life and Accident Insurance
Insurance Shape Technologies provides, at no cost to you, basic life with accidental
Life and accidental death and death and dismemberment insurance. This coverage offers inancial
dismemberment insurance protection if you suffer certain debilitating injuries or to your beneiciaries
protects employees and their if you die. Your coverage amount is equal to 1.5 times your covered
families from inancial hardship annual earnings up to $1,000,000. Your life insurance beneit also includes
in the event of death or accidental death and dismemberment beneits. You should designate or
dismemberment. It provides the update your designated beneiciary information during annual enrollment.
peace of mind you get when you You can receive up to $350,000 of basic life insurance without submitting
know your loved ones will be proof of good health to our insurance partner AIG. This is considered
protected if anything happens to your guarantee issue amount.
you. We partner with AIG to offer
you Life and AD&D insurance. Voluntary Life Insurance
Voluntary Life Rates You may also purchase voluntary life insurance at competitive group rates.
Age Category Monthly/Rate per You may purchase coverage in increments of $10,000 to a maximum of
$1,000
Under 25 0.042 $750,000.
25—29 0.050
30—34 0.067 Evidence of insurability (EOI) or proof of good health is required under
35—39 0.076 the following stipulations:
40—44 0.097
45—49 0.146 Late entrant: electing coverage for the irst time
50—54 0.223
55—59 0.417 Current participant: requesting an increase to your current
60—64 0.639 coverage
65—69 1.230
70—74 1.995 Newly eligible: requesting over the guaranteed issue amount of
Same rates apply for spousal coverage; $100,000
dependent children are covered at a lat
rate of $0.14.
Shape Technologies Group
Life and AD&D Insurance
Life and AD&D Basic Life and Accident Insurance
Insurance Shape Technologies provides, at no cost to you, basic life with accidental
Life and accidental death and death and dismemberment insurance. This coverage offers inancial
dismemberment insurance protection if you suffer certain debilitating injuries or to your beneiciaries
protects employees and their if you die. Your coverage amount is equal to 1.5 times your covered
families from inancial hardship annual earnings up to $1,000,000. Your life insurance beneit also includes
in the event of death or accidental death and dismemberment beneits. You should designate or
dismemberment. It provides the update your designated beneiciary information during annual enrollment.
peace of mind you get when you You can receive up to $350,000 of basic life insurance without submitting
know your loved ones will be proof of good health to our insurance partner AIG. This is considered
protected if anything happens to your guarantee issue amount.
you. We partner with AIG to offer
you Life and AD&D insurance. Voluntary Life Insurance
Voluntary Life Rates You may also purchase voluntary life insurance at competitive group rates.
Age Category Monthly/Rate per You may purchase coverage in increments of $10,000 to a maximum of
$1,000
Under 25 0.042 $750,000.
25—29 0.050
30—34 0.067 Evidence of insurability (EOI) or proof of good health is required under
35—39 0.076 the following stipulations:
40—44 0.097
45—49 0.146 Late entrant: electing coverage for the irst time
50—54 0.223
55—59 0.417 Current participant: requesting an increase to your current
60—64 0.639 coverage
65—69 1.230
70—74 1.995 Newly eligible: requesting over the guaranteed issue amount of
Same rates apply for spousal coverage; $100,000
dependent children are covered at a lat
rate of $0.14.
Shape Technologies Group
