Page 20 - Work Life and Benefits Booklet 2020 SS

Life Insurance provides your beneficiary(ies) with a benefit in the event of your death. Accidental You are provided with Short-Term and Long-Term
Death and Dismemberment (AD&D) Insurance provides specified benefits to you in the event of a Disability Insurance at NO COST to you. Disability
covered accidental bodily injury that directly causes dismemberment (i.e., the loss of a hand, foot, Insurance provides benefits that replace part of your lost
or eye). In the event that your death occurs due to a covered accident, both the Life and the AD&D income when you become unable to work due to a
benefit would be payable. Business Travel Accident is an additional benefit that will be paid in the covered injury or illness.
event of your death if you if you are traveling on behalf of the company.

Company-Paid SHORT TERM DISABILITY
Basic Life/AD&D & Business Travel Accident. This benefit is provided at NO COST to you.
Benefit Percentage 66 2/3%
BASIC LIFE/AD&D BUSINESS TRAVEL ACCIDENT
$50,000 Life $250,000: Mangers, Directors, Senior & Sales Staff Weekly Benefit Maximum $2,309

$100,000 Life/AD&D: If your death is $100,000: All Other Employees When Benefits Begin Day 1 for accident
due to a covered accident or injury Day 8 for illness

Employee-Paid Maximum Benefit Duration 26 weeks
Voluntary Life/AD&D. If you determine you need more than the Company-Paid Basic Life LONG TERM DISABILITY
coverage, you may purchase additional coverage for you and your eligible dependents.
Benefit Percentage 66 2/3%
VOLUNTARY LIFE/AD&D GUARANTEE ISSUE*

Employee $10,000 increments up to 5x annual salary to a $200,000 Monthly Benefit Maximum $10,000
Life/AD&D maximum of $500,000 ($50,000 if age 70+)
When Benefit Begin 181st day
$5,000 increments, cannot exceed 50% of employee
Spouse/DP coverage to a maximum of $250,000 for voluntary life $40,000 To the end of the
Life/AD&D and cannot exceed 100% of employee amount to a ($10,000 if age 70+) benefit period, or
maximum of $500,000 for voluntary AD&D. Maximum Benefit Duration until you no longer
Child(ren) Coverage available at a flat amount of $10,000 $10,000 qualify for benefits,
Life Only whichever occurs first

Group life and voluntary employee/spouse life benefits reduce to 65% at age 70.
You must elect Voluntary Employee Life/AD&D to elect Voluntary Spouse/DP or Child Voluntary
Life. Voluntary Life and Voluntary AD&D are separate elections.

*During your initial eligibility period only, you can receive coverage up to the Guarantee Issue
amounts without having to provide Evidence of Insurability (information about your health).
Coverage amounts that require Evidence of Insurability will not be effective unless approved by
the insurance carrier.