Nordea Bank 2024 Benefit Guide

Voluntary Worksite Benefits

The following supplemental employee coverage addresses costs associated with injury, illness or hospital costs that are unexpected. These are benefits paid directly to YOU regardless of your other insurance plans. These insurance plans are designed to provide you payments to help offset cost not covered by your insurance plans

Type

Available Coverage

Employee: $5,000-$50,000 ($5k Increments) Spouse: $5,000-$30,000 ($5k Increments) Children: 50% of Employee Coverage Amount

Critical Illness

Pays a lump-sum benefit upon diagnosis of any covered condition

Pre-Existing Condition 6/6 Months

Accident Insurance

Coverage Type: On and Off the Job

Provides payments based on a fee schedule for any covered accident

Fee Schedule: Payment amount varies by service rendered

Accidental Death: Employee - $50,000 Spouse - $20,000 Children - $10,000

Hospital Indemnity

Daily Hospital Confinement: $165 Max of 60 Days per Insured per Calendar Year

Coverage payment for different types of inpatient hospital stays

Hospital Admission: $500 Max of 1 Day per Insured per Calendar Year

Hospital Intensive Care Unit Confinement: $165 Max of 15 Days per Insured per Calendar Year

*Members can only enroll in this benefit one time each year during annual open enrollment

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