Page 14 - 2022 Drive Open Enrollment Guide - Non Union

Life insurance and disability

Life and Disability Insurance Voluntary Life and AD&D Insurance
Drive DeVilbiss Healthcare has partnered with Empire to provide You may choose to purchase additional life and AD&D coverage
life and AD&D insurance for employees and offers voluntary through Empire for yourself and your dependents at affordable group
insurance options for employees and their dependents. For basic rates. Rates are based on age and the coverage level chosen.
life/AD&D, voluntary STD and voluntary LTD, sales associate’s
benefits are based on a flat benefit amount. Please contact your
local HR representative or email HR@drivemedical.com for more Voluntary Life and AD&D Insurance for you
details.
Employee
Basic Life and AD&D Insurance You can purchase up to 5x your base salary in $10,000 increments,
Life insurance is an important part of your financial wellbeing, up to the $500,000 maximum.
especially if others depend on you for support. Drive DeVilbiss
Healthcare provides Basic Life and AD&D Insurance to all eligible
employees at no cost to you. This benefit is one times your base Voluntary Life/AD&D Insurance for
salary up to $500,000 with a minimum benefit of $50,000 for all your Spouse
eligible employees. Coverage is automatic; you do not need to
enroll but you must enter beneficiaries. This benefit is subject to Spouse
age reductions. You can elect coverage for your spouse in increments of $5,000 up to
$250,000, not to exceed 50% of the Employee Voluntary Life amount.
Disability Insurance EOI will not be required for new hires enrolling for the first time for
Disability insurance provides income replacement should you amounts up to $30,000 or less in 2022.
become disabled and unable to work due to a non- work-
related illness or injury. Voluntary Short Term Disability and
Voluntary Long term disability are employee paid. Voluntary Life Insurance for your
Child(ren)

Coverage Benefit Child(ren) – Life Only
You can elect coverage for your dependent children up to age 29. One
Voluntary If you are unable to work after 7 consecutive election will cover all of your eligible dependent children. For children
Short-Term calendar days due to illness or after 0 consecutive 15 days and older, coverage is available in the amount of $10,000.
Disability days due to accidental injury, you may be eligible for
Short Term Disability (STD) benefits. STD will replace
60% of your weekly pre-disability base salary up to a •
$1,000 weekly maximum. Benefits begin on the Spouse and child coverage is only available if the employee is
eighth day of illness or on the first day of accidental insured for voluntary coverage.
injury and continue to the earlier of recovery or 26 • Coverage reduces 35% upon the Person's attainment of age 65,
weeks. an additional 50% at age 70 and will terminate upon retirement.
• For spouses, coverage will terminate upon the employee's
If you have a medical condition that begins before attainment of age 65 or retirement, whichever occurs first.
your coverage takes effect, and you receive • If you did not first enroll in Voluntary Life, Voluntary Spouse Life
treatment for this condition within the 3 months nor Voluntary LTD at the time of hire, you will be required to
leading up to your coverage start date, you may not submit Evidence of Insurability
be eligible for benefits for that condition until you
have been covered by the plan for 12 months. This
includes pregnancy.
Please note: If you are in sales and receive a
Voluntary If you remain disabled after 180 days, you may be
Long-Term eligible for Long Term Disability (LTD) benefits. LTD commission/bonus, please contact HR to determine
Disability will replace 60% of your monthly pre-disability base your pre-disability earnings. 14
salary up to a $10,000 monthly maximum benefit.