Page 18 - Veritone EE Guide 07-19
P. 18

Anthem Blue Cross |Basic Life and AD&D                                              If you are unable to work due to an illness or injury, our disability
       This coverage is provided by Veritone at no cost to you                             plans will work together to provide a source of income to meet
       Life insurance protects your family or other beneficiaries in the event of your death   your  needs.  Disability  insurance  provides  benefits  that  replace
       while you are still actively employed with the company.                             part of your lost income when you become unable to work due to
                                                                                           a covered injury or illness.
       Accidental  Death  and  Dismemberment  (AD&D)  coverage  provides  an  additional     Anthem Blue Cross | Short Term Disability
       benefit to your beneficiary if your death is due to a covered accident or injury.
                                                                                           This coverage is provided by Veritone at no cost to you
                    BASIC LIFE/AD&D                              $50,000                   Veritone offers you Short Term Disability (STD) to provide income
                                                                                           replacement if you become disabled due to accident, sickness, or
       Anthem Blue Cross | Voluntary Life and AD&D                                         pregnancy.
       In addition to the company provided Basic Life and AD&D benefits, you may elect to     SHORT TERM DISABILITY
       purchase  additional  Term  Life  and  AD&D  insurance  at  discounted  group  rates
       provided  by  Anthem  Blue  Cross.  You  pay  for  this  coverage  with  after-tax  dollars   Benefit Percentage                   60%
       through  convenient  payroll  deductions.    Guaranteed  issue  is  only  available  to  you   Weekly Benefit Maximum             $3,462
       during your initial eligibility period (upon hire).                                                                          Day 8 for Accident

       VOLUNTARY LIFE/AD&D                                                GUARANTEE        When Benefits Begin                       Day 8 for Illness
                                                                            ISSUE
       Employee                                                                            Anthem Blue Cross | Long Term Disability
       You may purchase coverage for yourself in increments of $10,000     $150,000        This coverage is provided by Veritone at no cost to you
       up to a maximum benefit of $500,000, not to exceed 5 times                          Veritone offers you Long Term Disability (LTD) to provide income
       annual earnings, whichever is less.                                                 replacement if you become disabled for an extended period of
                                                                                           time.
       Spouse or Domestic Partner
       If you buy coverage for yourself, you may also purchase coverage                        LONG TERM DISABILITY
       for your eligible spouse. Benefits for your spouse are available in   $30,000       Benefit Percentage                             60%
       increments of $5,000 up to a maximum benefit of $250,000, not
       to exceed 50% of your employee election.                                            Monthly Benefit Maximum                      $15,000

       Child(ren)                                                                          When Benefit Begin                          180th Day
       If you buy coverage for yourself, you may also purchase coverage                      You have the choice of having Veritone pay for your STD and/or
       for your eligible dependent child(ren) in increments of $2,000 up   $10,000         LTD benefit or you can pay with post-tax employee contributions.
       to $10,000, not to exceed 50% of your employee election.                            If Veritone pays, your benefit will be taxable income when you file
       Coverage begins at 15 days from birth.                                              a claim. If you pay, the benefit is not taxed.
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