Benefits for 2025 Voluntary Life Insurance
SUMMARY OF COVERAGE
Insured Benefits
• $10,000 up to a maximum of $500,000 • Increments of $10,000 • Guaranteed Issue: $150,000* • $5,000 up to a maximum of $250,000 • Increments of $5,000 • Guaranteed Issue: $30,000 • Cannot exceed 100% of EE’s coverage*
Employee
Spouse
• Increments of $1,000 up to $10,000 for children 14 days and older • Eligible from birth to 26 years old • Cannot exceed 100% of the employee’s coverage*
Child
This is a benefit you pay for as an employee • Coverage is available to all employees that meet eligibility requirements • Life Benefit Age Reduction for active employees over starting at age 65 • Guaranteed Issue: The amount of coverage you may buy within 31 days of initial eligibility for coverage without providing health information. This benefit does not have a true open enrollment. To enroll in any voluntary life amount after your initial eligibility period, you must complete an evidence of insurability form. There is no guarantee of approval of the voluntary life amount requested • Rates available on our ADP enrollment platform
This booklet provides only a summary of your benefits. All services described within are subject to the definitions, limitations, and exclusions set forth in each insurance carrier or provider’s contract.
2025 Employee Benefit Guide
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