Page 12 - MMCS Benefit Guide 2019 FINAL

Life Insurance and Disability Insurance Benefits

Lincoln Financial Group | Basic Life and AD&D Insurance
Life insurance protects your family or other beneficiaries in the event of your death while you are still actively employed
with the company. The Company pays for coverage, offered through Lincoln Financial Group, in the amount of 1x your
annual base salary to a maximum benefit of $200,000. If your death is due to a covered accident or injury, your beneficiary
will receive an additional amount through Accidental Death and Dismemberment (AD&D) coverage.
Included in the Basic Life are these additional benefits:
• LifeKeys - Online will & testament preparation service, identity theft resources and beneficiary assistance support for all
employees and eligible dependents covered under the Group Term Life and/or AD&D policy.
• TravelConnect - Travel assistance services for employees and eligible dependents traveling more than 100 miles from
home.

Lincoln Financial Group | Voluntary Life Insurance
In addition to the company provided Basic Life and AD&D benefits, you may elect to purchase additional Term Life insurance
for yourself, spouse and Life only for dependent children at discounted group rates provided by Lincoln Financial Group. You
pay for this coverage with after-tax dollars through convenient payroll deductions. Note that age reductions apply.

You may purchase coverage for yourself in increments of $10,000 up to a maximum benefit of $500,000, not to exceed 5
times your annual base salary.

Guarantee issue is a pre-approved amount of coverage that does not require you to provide proof of good health, and is
available to you during your initial eligibility period (upon hire). Guarantee issue is available to you in the amount of
$100,000. If you are no longer in your initial eligibility period, you may enroll anytime during the year as long as you provide proof of
good health. You will be asked to complete a health questionnaire and are subject to insurance carrier approval.

• If you are already enrolled in the Voluntary Life you are eligible to elect up to an additional $20,000 each year at open
enrollment without health questions.

Lincoln Financial Voluntary Term Life Rates

Age Band Rate per $1,000
Under 30 $0.040
30 - 34 $0.050
35 - 39 $0.080
40 - 44 $0.120
45 - 49 $0.200
50 - 54 $0.290
55 - 59 $0.430
60 -64 $0.720
65 - 69 $1.290
70 - 74 $1.840
75 -79 $3.950
80+ Benefits will terminate at age 80 or retirement, whichever
comes first.

*For your convenience, your age-banded Voluntary Life premiums have been pre-calculated for you in BSwift.

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