Page 20 - Technip Energies 2022 benefits guide

2022 Employee Benefits

Life and AD&D Plans – MetLife

Life insurance and Accidental Death & Dismemberment Voluntary Life (Bi-weekly)
(AD&D) insurance are an integral part of your financial EMPLOYEE SUPPLEMENTAL LIFE
security, especially if others are dependent upon you for AGE (PER $1,000 OF COVERAGE)
support. MetLife administers the Technip Energies plans. < 30 $0.018
Cost for the basic life and AD&D insurance is paid 30–34 $0.023
100% by Technip Energies. 35–39 $0.028

40–44 $0.032
Technip Energies provides you with basic life and AD&D
of one times (1X) your current annual salary up to $1.5 45–49 $0.051
million or a $50,000 option, whichever option you elect. 50–54 $0.083
You can elect additional Employee, Spouse, and Child 55–59 $0.157
Life and AD&D in various coverage amounts. 60–64 $0.240
65–69 $0.452
Supplemental Term Life Insurance Coverage Options: 70+ $0.738
$10,000 increments, to a maximum of SPOUSE SUPPLEMENTAL LIFE
For You the lesser of $2.5 million or 7 times basic AGE (PER $1,000 OF COVERAGE RATES
annual earnings BASED ON SPOUSE AGE)
$10,000 to $500,000 in $10,000 < 30 $0.021
For Your Spouse increments, up to the lesser of 100% of 30–34 $0.029
your coverage amount or $500,000
For Your Dependent $10,000 or $20,000 35–39 $0.034
Child(ren)* 40–44 $0.038
45–49 $0.059

Voluntary AD&D Insurance Coverage Options: 50–54 $0.097
1 to 10 x basic annual earnings 55–59 $0.182
For You
up to $2,500,000 60–64 $0.280
For Your Spouse 50% of employee amount 65–69 $0.539
For Your Dependent 15% of employee amount 70+ $0.874
Child(ren)*
CHILD SUPPLEMENTAL LIFE (PER UNIT)
* Child(ren)’s Eligibility: Dependent children from birth to age 26 (through the
end of the birth month) are eligible for coverage. $10,000 $0.498
$20,000 $0.997
Once you are enrolled you will have access to the VOLUNTARY AD&D (BI-WEEKLY)
MetLife Advantages which can assist you with the (PER $1,000 OF COVERAGE)
SM
following services: Employee $0.008
• Will Preparation • Life Settlement Account Only
Family $0.017
• Grief Counseling • www.WillsCenter.com
• Funeral Discount and (Legal document Important Note: Employee must be enrolled in supplemental life or
voluntary AD&D in order to enroll for dependent supplemental life
Planning Services preparation) or voluntary AD&D. Please refer to your plan booklet.
• Beneficiary Claim • ... and more
Assistance

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