Life and AD&D

Life insurance and accidental death and dismemberment (AD&D) coverage can help you prepare for the unexpected.

Life and disability insurance is provided through Reliane Matrix.

 

Life and AD&D Insurance Options

Basic Life & Accidental Death and Dismemberment (AD&D)

The company automatically provides you a benefit of one times your annual salary (up to $300,000), at no cost to you, for Basic Life and AD&D insurance.

Employee Voluntary Life Insurance

You are eligible to purchase additional Employee Voluntary Life insurance in increments of $25,000 up to a maximum of $500,000, not to exceed five times your annual salary. The guaranteed issue amount is $250,000.

Spouse and Dependent Voluntary Life Insurance

You must elect Voluntary Life Insurance for yourself in order to elect it for your dependents. Spouse: $12,500 increments to a maximum of $250,000, not to exceed 50% of employee’s Voluntary Life Benefit; spouse rates are based on the employee’s age; guaranteed issue amount is $50,000. Child (birth to limiting age): $10,000; child limiting age is 26.

Supplemental Life — EE Only*
(per $1,000 of Covered Volume)
All Active Full Time Employees**
Less than 30 $0.062
30–34 $0.080
35–39 $0.090
40–44 $0.106
45–49 $0.151
50–54 $0.230
55–59 $0.434
60–64 $0.665
65–69 $1.285
70+ $2.083
Supplemental Dependent Life*
(per $1,000 of Covered Volume)
All Active Full Time Employees and Spouse**
Less than 30 $0.062
30–34 $0.080
35–39 $0.090
40–44 $0.106
45–49 $0.151
50–54 $0.230
55–59 $0.434
60–64 $0.665
65–69 $1.285
70+ $2.083
Child $0.135

Age Reduction*: The Employer is responsible for making sure that the offer of insurance to its Employees under the program described complies, if applicable, with the Age Discrimination in Employment Act of 1967, as amended, (“ADEA”), and the regulations thereunder. The Employer should seek the advice of counsel as to whether ADEA applies to the program and, if so, whether it is in compliance with ADEA and other applicable laws. RelianceMatrix is required to comply with insurance age discrimination laws where applicable.

* The rates listed are monthly.
** All reductions are applied to the original benefit amount.

Provider: RelianceMatrix

Helpful Resources

Don’t forget to name or update your beneficiaries

View Plan documents

What is Evidence of Insurability (EOI)?

If EOI is required, this means you must provide certain information about your health in order for the insurance company to review your information and approve you for coverage.

If you are newly eligible and have not previously waived coverage, you can elect up to the guaranteed issue amount without submitting EOI. You may be required to submit EOI if you have previously waived this coverage or if you elect above the guaranteed issue amount.

If EOI is required, the life insurance carrier will send an email to your work email address with steps to complete EOI through a DocuSign link.