Page 14 - MCU Benefits Enrollments Guide

Employee Cost for Voluntary Vision

Employee Semi-Monthly Deductions
Employee Only Employee & Employee & Employee &
Spouse Child(ren) Family

Blue 20/20 $3.93 $7.46 $7.85 $11.54

Life/AD&D Group #404642

Provided by Unum, this Benefit is paid 100% by Members Credit Union.
Coverage equal to 2.5 times annual salary to a maximum of $500,000. Term life reduces as you age
with the first reduction at age 65 to 65% and reduces to 50% at age 70. This benefit includes
Waiver of Premium if you are disabled during the life of this policy. Conversion and Portability are
included.

Voluntary Life Group #404422

Provided by Unum, this benefit is paid 100% by the employee through payroll deductions.

Employee coverage is available in increments of $10,000 up to a maximum of $500,000 OR 5X your
salary, whichever is less. Guaranteed issue amount lesser of current amount or $70,000 at
enrollment. See policy certificate for reduction schedule. Spouse coverage is available in
increments of $5,000 to a maximum of $500,000, but not to exceed 100% of the Employee’s
coverage election. Guaranteed Issue amount is $25,000. Dependent child(ren) coverage is
available in increments of $2,000 to a maximum of $10,000 (age 6 months to age 19, or 26 if full-
time student). For live birth to 6 months, coverage equal to $1,000. Child coverage amount cannot
exceed 100% of Employee’s coverage election. Spouse/dependent child coverage is only available

if the employee has purchased supplemental coverage. Employee rates are based on employees’
age. Spouse rates are based on spouse age.

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