Page 13 - Walter Robbs 2018 Benefit Guide
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Group Basic Life/AD&D
Group# 151329
Provided by Reliance Standard, this valuable income protection
program is available to employees working 25 or more hours per week. This
benefit is fully paid by Walter Robbs for employee coverage. The benefit amount
for Basic Life/AD&D is two times employee earnings up to a maximum of
$200,000. Guaranteed issue amount is $200,000. As you age, reductions occur.
The first reduction occurs at age 65. This benefit terminates at retirement.
You may purchase Dependent Life Coverage for an affordable cost of $0.30 per
$1,000, regardless of the number of dependents you cover. Benefit amounts are
as follows:
Spouse benefit – $10,000
Child(ren)
o 14 days to 6 months – $1,000
o Child 6 months up to age 20 (age 26 if full-time student) –
$5,000
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