Page 11 - Electric Ben Guide 08-18

LIFE AND AD&D

BASIC LIFE AND AD&D

Life insurance protects your family or other beneficiaries in the event of your death while you are still actively
employed with the company. Electric pays for coverage, offered through Lincoln Financial Group, in the amount
of 1x your annual salary (including bonus/commission) to a maximum benefit of $600,000. 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.

VOLUNTARY LIFE AND AD&D

In addition to the company provided Basic Life and AD&D benefits, you may elect to purchase additional Term Life
and AD&D insurance at discounted group rates provided by Lincoln Financial Group. You pay for this coverage with
after-tax dollars through convenient payroll deductions.

EMPLOYEE SPOUSE CHILDREN

You may purchase coverage for If you buy coverage for yourself, you If you buy coverage for yourself, you
yourself in increments of $10,000 up may also purchase coverage for your may also purchase coverage for your
to a maximum benefit of $500,000, eligible spouse. Benefits for your eligible dependent child(ren) in the
and may not exceed 5x your annual spouse are available in increments following amounts: Age: 6 months
salary. If you elect this benefit during of $5,000 to a maximum benefit of to 26 years: $10,000. Age 1 day to 6
your initial eligibility period (upon $250,000 and may not exceed 50% months: Flat $500.
hire), you will not have to complete of employee amount. If you elect this
the health statement, except for benefit during your initial eligibility
amounts that exceed the guarantee period (upon hire), you will not have
issue amount of $100,000. to complete the health statement,
except for amounts that exceed the
guarantee issue amount of $30,000.
Age reductions apply.

You may enroll in Voluntary Life and AD&D insurance for amounts above the guarantee issue 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 are
subject to insurance carrier approval. The insurance company may approve or decline coverage based on a review
of your health history.

! Consider updating your beneficiary designation if you have experienced a life changing event such as
marriage, divorce, the birth of a child, etc. You may login to Ease Central to update your beneficiary
as needed. Ease Central login information is located on page 15 of this brochure.

11