Life and disability insurance is provided through MetLife.
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 life insurance and accidental death and dismemberment insurance.
Employee Voluntary Life Insurance
You are eligible to purchase additional life insurance in increments of $25,000 up to a maximum benefit of $175,000.
Spouse and Dependent Voluntary Life Insurance
If you elect voluntary life coverage for yourself, you can also elect voluntary life coverage for your spouse in increments of $12,500 up to a maximum of $50,000, not to exceed 50% of the employee’s Voluntary Life Benefit. Dependent child life coverage is available in increments of $2,000 up to $10,000.
| 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 |
* All reductions are applied to the original benefit amount.
Don’t forget to name or update your beneficiaries
They’re the ones who receive life insurance benefits. You can update beneficiaries at any time by logging into www.metlife.com/mybenefits.
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.