Page 17 - Work Life and Benefits Booklet 2018 - SW.pub
P. 17
17
You are provided with Short-Term and Long-Term Disability
Insurance at NO COST to you. Disability Insurance provides
become unable to work due to a covered injury or illness.
benefits that replace part of your lost income when you
Disability
66 2/3% $2,309 Day 1 for accident Day 8 for illness 26 weeks 66 2/3% $10,000 181st day To the end of the benefit period, or until you no longer qualify for benefits, whichever occurs first Life/AD&D and Disability
SHORT TERM DISABILITY Benefit Percentage Weekly Benefit Maximum When Benefits Begin Maximum Benefit Duration LONG TERM DISABILITY Benefit Percentage Monthly Benefit Maximum When Benefit Begin Maximum Benefit Duration
benefits to you in the event of a covered accidental bodily injury that directly causes
death. Accidental Death and Dismemberment (AD&D) Insurance provides specified
dismemberment (i.e., the loss of a hand, foot, or eye). In the event that your death
BUSINESS TRAVEL ACCIDENT $250,000: Mangers, Directors, Senior & $100,000: All Other Employees GUARANTEE ISSUE $200,000 ($50,000 if age 70+) $40,000 ($10,000 if age 70+) $10,000
payable. Business Travel Accident is an additional benefit that will be paid in the
occurs due to a covered accident, both the Life and the AD&D benefit would be
Life Insurance provides your beneficiary(ies) with a benefit in the event of your
event of your death if you if you are traveling on behalf of the company.
(Company-paid) This benefit is provided at NO COST to you.
Basic Life/AD&D & Business Travel Accident BTA
Life/AD&D
Sales Staff If you determine you need more than the Company-paid Basic Life coverage, you may purchase additional coverage for yourself and your eligible dependents. $10,000 increments up to 5x annual salary to a maximum of $500,000 $5,000 increments, maximum 50% of employee coverage to a maximum of $250,000 Coverage available at a flat amount of $10,000 You must elect Voluntary Employee Life/AD&D to elect Volun
BASIC LIFE/AD&D $50,000 Life $100,000 Life/AD&D: If your death is due to a covered accident or injury Voluntary Life/AD&D (Employee-paid) VOLUNTARY LIFE/AD&D Spouse/DP
Employee Life/AD&D Life/AD&D Child(ren) Life Only