Page 19 - HM Benefits Guide 2019 CA
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Life/AD&D Insurance
It’s never fun to discuss life insurance. But you probably know that life insurance is something you need
to protect your loved ones in the event of your death. Things like funeral expenses, debt, and the cost
of living, can all add up. Fortunately, life insurance can help lessen the financial burden and provide
coverage to help pay for these types of expenses.
Anthem Blue Cross | MetLife | Voluntary Life/AD&D
Basic Life/AD&D You may purchase extra Life/AD&D insurance at
You will be auto-enrolled in this plan discounted rates through MetLife. If you elect this
at NO COST to you benefit, you’ll pay for your coverage with after-tax payroll
Life insurance protects your family deductions.
or other beneficiaries if you die
while working with the company. Employee
You may purchase coverage for yourself in increments of
Accidental Death and $10,000 up to a maximum benefit of $500,000, not to
Dismemberment (AD&D) coverage exceed 5 times your annual salary.
offers an additional benefit if your
death is due to a covered accident Spouse or Domestic Partner
or injury. If you purchase coverage for yourself, you may also
purchase coverage for your spouse or domestic partner.
Employee Benefits for your spouse or dometic partner are available
in increments of $5,000 up to a maximum benefit of
Flat $50,000 $100,000.
Child(ren)
Tip: Choosing a beneficiary If you purchase coverage for yourself, you may also
and keeping your purchase coverage for your child(ren). Benefits for your
beneficiary up-to-date is child(ren) are available in the following amounts: $1,000,
an essential part of owning $2,000, $4,000, $5,000, or $10,000.
life insurance. Please
remember to review your Guarantee Issue
beneficiary designation as “Guarantee issue” is a pre-approved amount of coverage
new situations arise, such that does not require you to provide proof of good health
as the birth or adoption to the insurance company, and is available to you as a new
of a child, marriage or hire in the following amounts:
divorce. You may login • Employee: $100,000
to PlanSource to update • Spouse: $25,000
your beneficiary as • Child(ren): $10,000
needed. PlanSource login
information is located on If you aren’t a new hire, you may still enroll in Voluntary
page 7 of this guide. Life/AD&D insurance anytime during the year, as long
as you provide proof of good health. To provide proof
of good health, you will be asked to complete a health
questionnaire, and MetLife will approve or decline your
coverage after they review your health history.
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