Page 15 - Marcus & Millichap Benefit Guide 2019-2020 (revised 01.02.2020)

Supplemental Insurance

SIPs are not eligible for this coverage

MetLife | Supplemental Benefits
You may purchase individual policies from MetLife. Your premiums are paid through payroll deductions on an after-tax basis.
MetLife policies offer direct-to-the-policyholder cash payouts to help cover what other insurance doesn’t. Policies are portable,
which means that you can keep them should you change jobs or retire, with no increase in premiums. There are no pre-existing
condition limitations on these plans.

MetLife | Accident
MetLife Accident insurance provides a financial cushion for life’s unexpected events. It provides you and your covered family
members a lump-sum payment to help cover your out-of-pocket medical costs or your family’s everyday living expenses in case of
an accidental injury. For covered accidental injuries, payments are made directly to you, regardless of any other coverage. Benefits
are paid according to a fixed schedule that includes medical services and over 150 different covered events, such as: fractures,
dislocations, concussions, burns, lacerations, physical and occupational therapy and more. For example, if you had an emergency
room visit, MetLife would pay you $150!
Health Benefit Screening: MetLife’s Accident policy will provide a $50 wellness benefit per person each year for completing certain
annual preventative screenings/lab work.

MetLife | Hospital Indemnity

Hospital Indemnity insurance coverage provides you with payments when you are admitted for 24 hours or more, and per day
when you are confined to a hospital, due to a covered accident or illness. Your plan will pay $500 for an admission, and a daily
amount of $100 per day, up to 15 days. Hospital Indemnity also pays extra benefits for admission to and/or confinement in an
Intensive Care Unit (ICU), and for other benefits and services.

MetLife | Critical Illness
MetLife Critical Illness insurance can help you protect yourself, your family and your budget from the financial impact of a serious
medical condition. You will receive a lump-sum cash payment upon diagnosis of a covered condition such as a Heart Attack, Stroke,
Kidney Failure and Cancer. You may elect $10,000 or $20,000, and your spouse and dependents can elect up to 100% of your
coverage amount, with no medical questions.
Health Benefit Screening: MetLife’s Critical Illness policy will provide a $50 wellness benefit per person each year for completing
certain annual preventative screenings/lab work, as well as $200 each year for completing a mammogram.

Eligible Individual Initial Benefit Requirements

Employee $10K or $20K Coverage is guaranteed provided you are actively at work.

Coverage is guaranteed provided the employee is actively at work and the spouse/
Spouse/Registered 100% of the employee’s registered domestic partner is not subject to a medical restriction as set forth on
Domestic Partner Initial Benefit
the enrollment form and in the Certificate.
Coverage is guaranteed provided the employee is actively at work and the depend-
Dependent 100% of the employee’s
ent is not subject to a medical restriction as set forth on the enrollment form and
Child(ren) Initial Benefit
in the Certificate

MetLife | Will Preparation Services– at no cost to you!
Having a will is one of the most important things you can do for your family. Making sure your will is up-to-date can help ensure
that your assets are distributed the way you want. You do not need to have access to an attorney to create a binding will. As an
added benefit with your group [accident /critical illness/hospital indemnity] plan, you have access to MetLife’s online will
preparation services provided by SmartLegalForms to create a binding will, living will, or assign a power of attorney.

• Visit www.willscenter.com and register as a new user
• Follow the simple instructions to create your online document
• Return at your convenience to complete or update stored documents

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