Page 16 - 2019 Franke Enrollment Guide
P. 16
2019 BENEFITS ENROLLMENT
LIFE AND AD&D
INSURANCE
Basic Life Insurance
Franke provides, at no cost to you, basic life and accidental death and
dismemberment insurance. This coverage offers financial protection to you
if you suffer certain debilitating injuries or to your beneficiaries in the event
of your death. Your coverage amount is equal to two times your annual base
compensation. Your life insurance benefit also includes accidental death and
dismemberment benefits. If you should die in an accident, the plan will pay
two times your annual base compensation.
If you die while covered by this plan, the benefit is paid to the beneficiary
(or beneficiaries) you designate through the UltiPro system. This basic life
insurance coverage is paid in full by Franke and is fully insured by Cigna.
Please use this open enrollment opportunity to make sure your beneficiary
information is up to date.
16
LIFE AND AD&D
INSURANCE
Basic Life Insurance
Franke provides, at no cost to you, basic life and accidental death and
dismemberment insurance. This coverage offers financial protection to you
if you suffer certain debilitating injuries or to your beneficiaries in the event
of your death. Your coverage amount is equal to two times your annual base
compensation. Your life insurance benefit also includes accidental death and
dismemberment benefits. If you should die in an accident, the plan will pay
two times your annual base compensation.
If you die while covered by this plan, the benefit is paid to the beneficiary
(or beneficiaries) you designate through the UltiPro system. This basic life
insurance coverage is paid in full by Franke and is fully insured by Cigna.
Please use this open enrollment opportunity to make sure your beneficiary
information is up to date.
16
