Basic Life and AD&D Insurance Coverage
Sterling Estates provides all Full Time employees with Basic Life AD&D (Accidental Death & Dismemberment) at no cost when electing medical coverage.
Insurance Carrier: Basic Life AD&D Eligibility Requirement Life Insurance Benefit
Anthem Basic Life AD&D Insurance
Full Time Employees (electing medical coverage)
$15,000
Guarantee Issue
Yes
Accidental Death & Dismemberment Benefit (AD&D)
$15,000
Voluntary Term Life Insurance Coverage
As a supplemental benefit, Sterling Estates allows eligible employees to purchase additional life insurance coverage for yourself and your dependents. Employee must be enrolled to purchase coverage for your family. This coverage is paid for by you and is offered through Sun Life. Rates for the voluntary term life insurance are based on age, and volume, and benefits are subject to applicable age reductions.
Insurance Carrier: Voluntary Life AD&D Eligibility Requirement Employee Benefit Amounts Employee
Sun Life Voluntary Life AD&D Insurance
All Eligible Employees
Minimum of $20k up to $250k in increments of $10k
Spouse
Minimum of $5k up to $125k in increments of $5k
Child(ren)
Flat $10k
7
STERLING ESTATES 2023 BENEFITS GUIDE
Made with FlippingBook - professional solution for displaying marketing and sales documents online