Page 18 - Texas Rangers 2022 Front Office Flipbook

VOLUNTARY LIFE AND AD&D INSURANCE

Life and AD&D Insurance Benefit
You have the option to purchase
additional life insurance coverage.
New hires can elect Supplemental Employee
Life Insurance for themselves and
_ their spouses up to the Guaranteed Life and Increments of $10,000 up to 5 times your annual salary, not to
exceed $500,000
Issue amounts listed with no
medical underwriting. Employees AD&D
who did not elect coverage when Spouse Increments of $5,000, not to exceed 100% of employee
they were originally hired can still Life (EOI required for amounts over $30,000)
coverage
take advantage of this coverage but
will 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

Evidence of Insurability Child Life Live birth to 6 months: $1,000
If you apply for additional life 6 months to age 26: $10,000
insurance, you may be required to fill
out a medical questionnaire called an Voluntary Employee and Spouse Life insurance rates are based on employee
EOI form. The form should be returned age bands. The Employee’s age is updated the pay cycle following the
directly to Unum. The amount you elect Employees birthday.
that is more than the Guaranteed Issue
limits will not be effective until you are To carry Voluntary Life Insurance and/or Voluntary AD&D for your
Dependents you must carrier Voluntary Life Insurance and/or Voluntary
approved for coverage AD&D for yourself.

The above is a summary of this benefit option.

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

2022 Rangers Baseball LLC (the Texas Rangers) Benefit Guide Page 18