Page 19 - 2022 Arabella Advisors Benefit Guide

Unum Life and Accidental Death &
Dismemberment (AD&D) Insurance
Unum Disability Insurance Coverage
Coverage

The goal of the Company’s Short-Term Disability Insurance
Life insurance is an important part of your financial security,
Plan is to provide you with income replacement should you
especially if others depend on you for support. Accidental Death
become disabled and unable to work due to a non-work-
& Dismemberment (AD&D) insurance is designed to provide a
related illness or injury. The Company provides eligible
benefit in the event of accidental death or dismemberment.
employees with disability income benefits at no cost to you.

Coverage Benefit Coverage Benefit

60% of your base weekly earnings, to a $1,500
weekly maximum
Basic Life and AD&D $50,000 (Company paid) Short-Term
Disability Elimination period 14 days accident and or sickness
Increments of $10,000 Maximum period of payment is 11 weeks
Maximum of 5 times salary up to
500,000
Supplemental Life and
AD&D - Employee For newly eligible employees and Coverage Benefit
employees increasing their current
coverage: Evidence of insurability over
$150,000 Covers 60% of your base monthly earnings, to a
$10,000 monthly maximum
Increments of $5,000
Long-Term
Maximum of $500,000 and cannot Benefit begins after 90 days of disability or when
Supplemental Disability you have met the short term disability policy’s
Life - Spouse* exceed the employee amount
For newly eligible spouses and spouses maximum benefit duration.
increasing their current coverage:
Evidence of insurability over $25,000
Must complete Evidence of Insurability to Enroll or Increase
Coverage except:
Live birth to 14 days: $1,000
• If electing upon initial enrollment as a new hire
Supplemental Life - 14 days to 6 months: $1,000 • If increasing coverage up to the guaranteed issue amount
Dependent Children*
6 months to 19 or age 26
(if a full-time student): $2,000 *Employee must participate in supplemental program in
increments up to $10,000 order to obtain supplemental coverage for spouse or
dependents.

❖ Benefits will be coordinated with state-mandated benefits where applicable including NY Paid Family Leave.

19