Page 15 - AFL 2022 Manufacturing Guide with Legal Notices

LIFE INSURANCE AND

DISABILITY

Life and AD&D Insurance Disability Insurance
AFL provides basic life and AD&D insurance for employees and offers Disability insurance provides income
voluntary insurance options for employees and their dependents. replacement should you become disabled
and unable to work due to a non-work-
Basic Life and AD&D Insurance related illness or injury. AFL provides
Life insurance is an important part of your financial wellbeing, especially if eligible associates with disability coverage
others depend on you for support. AFL provides basic life and accidental at no cost as shown below. Coverage is
death and dismemberment insurance to all eligible associates at no cost automatic; you do not need to enroll.
equal to 1 times your base annual earnings up to a $200,000 maximum.
Coverage is automatic; you do not need to enroll. Coverage Benefit

Voluntary Life and AD&D Insurance Short-Term ΅ You are automatically
Disability enrolled in basic short-term
You may choose to purchase additional life and AD&D coverage for disability which covers 60%
yourself and your dependents at affordable group rates. Rates are based of base pay up to $2,500
on age and the coverage level chosen. per week
΅ You can buy up to either:
΅ Plan 1: 80% of base pay
Voluntary Life and AD&D Insurance for you
up to $3,200 per week
Employee ΅ Plan 2: 100% of base
΅ 1x to 5x base annual salary rounded to nearest $5,000 ($30,000 minimum) pay for the first 13 weeks
then drops to 80% to the
΅ Up to a $1,500,000 maximum second 13 weeks up to
$4,000 per week
Voluntary Life and AD&D Insurance for your dependents
Long-Term ΅ AFL provides Basic LTD
Spouse Disability at 50% up to $10,000
΅ Increments of $25,000 (not to exceed 50% of your voluntary life per month
and AD&D coverage) ΅ You have the option to
΅ Up to a $100,000 maximum buy-up to 70% up to
΅ Guaranteed issue up to $50,000 $10,000 per month
Child(ren)
΅ You have two life insurance coverage options for your eligible dependent
children under the age of 19, or to age 25 if a full-time student
΅ $5,000 or $10,000 per child Family Medical Leave
Act (FMLA)
It is the responsibility of the employee to remove coverage once
dependents are no longer eligible for coverage. If you have been with the
company for 12 months, you
may be eligible for up to 12
work weeks of unpaid leave
per year under the Family and
Medical Leave Act (FMLA).
FMLA can be used for an
illness of your own, care
needed for a family member,
care for a newborn and certain
other medical needs.

15