Page 12 - Down East Wood Ducks 2022 Benefits Guide

VOLUNTARY LIFE AND AD&D INSURANCE

Your Voluntary Life and AD&D Insurance

- Unum Benefit
You have the option to purchase
additional life insurance coverage. Employee Increments of $10,000 up to 5 times your annual
New hires can elect Voluntary Life Life salary, not to exceed $500,000
Insurance for themselves and their (EOI required for amounts over $200,000)
spouses up to the guaranteed issue
amounts listed with no medical Employee Increments of $10,000 up to 5 times your annual
underwriting. Employees who did not AD&D salary, not to exceed $500,000
elect coverage when they were Increments of $5,000, not to exceed 100% of
originally hired can still take Spouse employee coverage
advantage of this coverage but will (EOI required for amounts over $30,000)
have to provide Evidence of
Insurability information and be Spouse Increments of $5,000, not to exceed 50% of employee
medically underwritten. AD&D coverage up to $250,000
Live birth to 6 months: $1,000
Child 6 months to age 26: $10,000
Evidence of Insurability
If you apply for additional life insurance, you Voluntary Employee and Spouse Life insurance rates are based on
may be required to fill out evidence of employee age bands. The Employee’s age is updated the pay cycle
insurability, also called an EOI form. After the following the Employees birthday.
enrollment, a member of the Human Resource
team will send you a digital evidence of In order to carry Voluntary Life Insurance and/or Voluntary AD&D for your
insurability form to complete. The form should Dependents you must carrier Voluntary Life Insurance and/or Voluntary
be returned directly to Unum. The amount you AD&D for yourself.
elect that is more than the Guaranteed Issue
limits will not be effective until you are
approved for coverage

The above is a brief summary of this benefit option.

Click here for more detailed information on this available benefit option.

2022 Down East Wood Ducks Benefit Guide Page 12