Webb Construction - 2023 Benefit Guide

Basic Life and AD&D Coverage

Webb Construction provides all Full Time employees with Basic Life and Accidental Death & Dismemberment coverage.

Insurance Carrier:

Unum Basic Life Insurance

Basic Life w/ AD&D Eligibility Requirement Life Insurance Benefit

All Full Time Employees

$50,000

Guarantee Issue

Yes

Accidental Death & Dismemberment Benefit (AD&D)

Same as Basic Life Amount

Voluntary Term Life Insurance Coverage

As a supplemental benefit, Webb Construction allows eligible employees to purchase additional life insurance coverage for yourself and your dependents. This coverage is paid for by you and is offered through Unum. Rates for the voluntary term life insurance are based on age, and volume, and benefits are subject to applicable age reductions.

Insurance Carrier:

Unum Voluntary Life Insurance

Voluntary Life w/ AD&D Eligibility Requirement Employee Benefit Amounts Employee

All Full Time Employees

5x Annual Earnings up to $500k in increments of $10k 100% of Employee amount up to $500k in increments of $5k

Spouse

Child(ren)

Flat $10k

Guarantee Issue Employee

$50k $25k $10k

Spouse Children

9 Webb Construction 2023 Benefit Guide

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