LIFE AND AD&D INSURANCE
BASIC LIFE AND AD&D INSURANCE AMIkids provides all benefit eligible employees with at least a $10,000 Life and Accidental Death & Dismemberment (AD&D) benefit, at NO COST TO YOU! Please be sure to assign your beneficiary at initial eligibility and/or during annual open enrollment and update throughout the year as needed.
Age Reduction Schedule
At age…
The original amount of benefit will reduced by …
65 70
65% 50%
Cost for Coverage Basic Life Insurance and AD&D
$ 0.00 ….. It’s free to you, 100% paid for by AMIkids!
Employee Only
EE
VOLUNTARY LIFE AND AD&D INSURANCE
AMIkids offers you the option to purchase additional Life and AD&D insurance for yourself and your dependents. This coverage is available through United Healthcare.
You may request coverage amounts… as low as… as high as…
$500,000 (not to exceed 5x your annual salary)
1 Cost of Child coverage is same for 1 or more children. 2 Children are eligible from 14 days to 26 years.
$10,000
Employee
$10,000
3 You must elect voluntary life insurance for yourself to have dependent coverage. The dependent benefit cannot exceed the employee benefit.
Spouse 3
$5,000
$150,000
$5,000
Child(ren) 1 2 3
N/A
$10,000
$10,000
What are the GI amounts?
$200,000 (not to exceed 5x your annual salary)
What is Guarantee Issue (GI)? GI is the maximum benefit you can receive without having to provide proof of good health, Evidence of Insurability (EOI). GI is only available at initial eligibility. If you’re requesting coverage outside your initial eligibility, you must submit EOI to United Healthcare for review (form located on myBenSite – www.mybensite.com/amikids ).
Employee
Spouse 3
$30,000
Child(ren) 1 2 3
$10,000
Cost for Coverage Voluntary Life Insurance and AD&D
Employee Spouse Child(ren)
Check out myBenSite to see your and your dependents personalized rates. Premiums will be deducted from your pay after taxes.
The Voluntary Life and AD&D plan includes the ability to take this coverage with you should your employment end. To obtain more information on how to do this, get the forms, and confirm your new premium costs please contact United Healthcare within 31 days of the end of your employment at 1-888-99-4767 (convert).
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