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Benefits

Life and AD&D Insurance

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. Brixton pays for coverage, offered through Lincoln Financial Group, in the amount of $50,000. 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 Insurance
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 Child(ren)
You may purchase coverage for yourself in If you buy coverage for yourself, you may If you buy coverage for yourself, you may
increments of $10,000 up to a maximum also purchase coverage for your eligible also purchase coverage for your eligible
benefit of $500,000, not to exceed 5 times spouse. Benefits for your spouse are dependent child(ren) in the following
your annual salary. If you are age 70 or available in increments of $5,000 to a amounts: Age 6 months to 26 years: Flat
older, you may elect benefits up to maximum benefit of $250,000 and may $10,000. Age 14 days to 6 months: Flat
$50,000. not exceed 50% of your employee $250.
election.

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 in the following amounts:
• Employee = $100,000
• Spouse = $10,000
• Child(ren) = Entire benefit amount

If you are no longer in your initial eligibility period, you may enroll in Voluntary Life and 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 are
subject to insurance carrier approval. Lincoln Financial Group may approve or decline coverage based on a review of your health history.

Voluntary Life/AD&D Rates
Life/AD&D Monthly Rate

Employee or Spouse - Age Per $1,000 of Benefit Voluntary Life/AD&D Cost Calculation Example
0-34 $0.090
#1 Age 35
35-39 $0.120
40-44 $0.180 #2 Monthly Cost per $1,000 $0.120
45-49 $0.260
50-54 $0.470 #3 Benefit $100,000
55-59 $0.730 #4 Multiply #2 by #3 $12,000
60-64 $0.820
65-69 $1.470 #5 Divide #4 by 1,000 $12.00
70-74 $2.910 Your monthly cost
Child(ren) - Age Per $10,000 of Benefit #6 Monthly cost x 12 / 26 $5.54
14 Days to 26 Years $2.00 Your biweekly cost

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