Page 13 - Guide
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Life Insurance




Life insurance can provide valuable inancial protection and Mitchell Gold + Bob
Williams offers you the choice of different levels of coverage to meet your needs.
Mitchell Gold + Bob Williams offers two term life insurance plans: the basic term
life insurance and the voluntary term life insurance plan. Both plans are insured and
administered by UNUM.


Basic Life and AD&D Insurance Evidence of Insurability

Mitchell Gold + Bob Williams automatically provides, at no cost to Employees will be allowed to elect

you, a $10,000 basic life and accidental death and dismemberment voluntary employee life coverage up
beneit. In the event of your death, our life insurance policy helps to $150,000 during the 2015 open
provide a general safety net for your beneiciaries. If your death is enrollment period with beneits effective
the result of an accident or if an accident leaves you with certain on 12/1/2015 without submitting
evidence of insurability (EOI). This is a
debilitating injuries, you’ll be covered under our accidental death one-time offering. If you elect any level
and dismemberment insurance for the same amount. We hope this of coverage during this initial offering,
company paid policy helps you feel more secure and prepared to each year during annual enrollment you
manage your inancial goals and obligations. may increase your coverage amount up
to the guarantee issue amount without
If you die while covered by this plan, the beneit is paid to the answering any medical questions.
beneiciary (or beneiciaries) you designate as you enroll through the Going forward, you must provide EOI
MG+BW online enrollment site. and be approved by UNUM if you did
not elect voluntary life during this initial
Mitchell Gold + Bob Williams also provides a $2,000 term life beneit election period and want to elect this
coverage at any other time, including
for your spouse/domestic partner and $1,500 for your unmarried next year’s open enrollment.
dependent child(ren) to age 26.
If EOI applies to you, you
can access the form via
Voluntary Life Insurance—NEW! MGBW.Locktonmarketplace.com.

We recognize you and your family have speciic needs and our company
paid life insurance policy may not be enough to ensure your inancial
security if your income were suddenly lost. If necessary, we offer a voluntary life
insurance option with competitive group rates so you can purchase and secure
the inancial protection you need. Voluntary life insurance can be purchased in
increments of $10,000 up to the lesser of 5 times your annual salary or $500,000.
As noted to the left, you may elect up to $150,000 of coverage during this open
enrollment period without answering any medical questions.








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