Page 17 - 2016 Enrollment
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Life and Accidental Death and Dismemberment
Life insurance is an important part of your inancial security, especially if
others depend on you for support. Accidental Death and Dismemberment
(AD&D) insurance is designed to provide a beneit in the event of
accidental death or dismemberment (loss of limb or paralysis).
F+W provides Basic Life and AD&D Insurance to all eligible employees at
no cost to you.
X Amount of Basic Life Insurance = $50,000
X AD&D Insurance Principal Sum = $50,000
If you would like to purchase voluntary life insurance in addition to your
company paid beneit, F+W offers you the ability to purchase voluntary
life insurance at competitive group rates through AIG.
Voluntary life insurance can be purchased in increments of $10,000 up to
a maximum of ive times your salary, or $500,000, whichever is less. Once
you’ve elected coverage for yourself, you can elect coverage for your
spouse and/or dependent children.
You can elect coverage for your spouse in $5,000 increments up to
50 percent of the insured employee’s Voluntary Life Election.
You can also elect coverage for your dependent child(ren). For dependent
children from age six months to 19 years, or 25 if a full-time student, a
lump sum beneit of $10,000 or $20,000 may be elected.
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Life insurance is an important part of your inancial security, especially if
others depend on you for support. Accidental Death and Dismemberment
(AD&D) insurance is designed to provide a beneit in the event of
accidental death or dismemberment (loss of limb or paralysis).
F+W provides Basic Life and AD&D Insurance to all eligible employees at
no cost to you.
X Amount of Basic Life Insurance = $50,000
X AD&D Insurance Principal Sum = $50,000
If you would like to purchase voluntary life insurance in addition to your
company paid beneit, F+W offers you the ability to purchase voluntary
life insurance at competitive group rates through AIG.
Voluntary life insurance can be purchased in increments of $10,000 up to
a maximum of ive times your salary, or $500,000, whichever is less. Once
you’ve elected coverage for yourself, you can elect coverage for your
spouse and/or dependent children.
You can elect coverage for your spouse in $5,000 increments up to
50 percent of the insured employee’s Voluntary Life Election.
You can also elect coverage for your dependent child(ren). For dependent
children from age six months to 19 years, or 25 if a full-time student, a
lump sum beneit of $10,000 or $20,000 may be elected.
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