VOLUNTARY BENEFIT OPTIONS Voluntary benefits are the deep cut tracks that still have you singing along. These can provide you with covered benefits on top of the coverage you have on your health, disability or life insurance. Unless otherwise specified, you can enroll yourself, your spouse or your children in these benefits.
TRUSTMARK LONG-TERM CARE BENEFITS
COLONIAL LIFE VOLUNTARY BENEFITS
If you need long-term care services – assistance with things like basic personal tasks of every day life, such as help bathing, dressing, using the toilet and eating – this benefit through YourCare360 allows you to use a portion of the life insurance death benefit for personal and custodial care in a variety of settings such as your home, community, or other facility. Your rate is locked in based upon your age at the time of the effective date of the application.
• Accident Insurance — Provides benefits for injuries resulting from covered accidents, such as fractures, burns and lacerations, as well as for doctor’s office or emergency room visits, ambulance charges, X-rays, and physical therapy. • Cancer Insurance — Helps offset the covered out-of- pocket medical and indirect, non-medical expenses related to cancer, including benefits for diagnosis and treatment. This coverage also provides a benefit for specified cancer screening tests. • Critical Illness Insurance — Supplements your major medical coverage by providing a lump-sum benefit that you can use to pay the direct and indirect costs related to a covered critical illness, such as heart attack (myocardial infarction), end- stage renal failure, coronary artery bypass surgery, stroke or major organ transplant. Provides an annual health screening benefit for covered tests. Cancer benefit is optional at an additional cost. • Hospital Confinement Indemnity Insurance — Provides a lump-sum benefit for a covered hospital confinement to help cover copayments and deductibles that are not covered by most major medical plans. • Whole Life Insurance — Provides death benefit coverage that you can increase or decrease as your needs change. The policy builds cash value on a tax-deferred basis at current interest rates, and premium payments are flexible. NOTE: Policies have limitations and exclusions that may affect benefits payable. Ask your Colonial Life Benefits Counselor for complete details. In New York Colonial Voluntary Benefits are underwritten by the Paul Revere Life Insurance Company.
See Summary Plan Description (SPD) for further details.
VOYA VOLUNTARY LIFE AND LTD BENEFITS
VOLUNTARY LIFE AND AD&D • Associate Life — $10,000 up to the lesser of $750,000 or 5x annual earnings • Dependent Life — $5,000 to $250,000 for spouse (cannot exceed associate’s amount); $10,000 per child (birth to 26 years) NEW enhancement from Voya! • Associate AD&D — Amount equal to voluntary life coverage • Dependent AD&D — Amount equal to dependent voluntary life coverage For this annual enrollment only, associates may elect up to $200,000 and spouses may elect up to $50,000, no medical questions asked. VOLUNTARY LONG-TERM DISABILITY If you’re unable to perform the functions of your job for more than 26 weeks, voluntary long-term disability pays you up to 60% of your base pay to a maximum of $5,000 per month. Benefits continue up to age 65 (or your Social Security normal retirement age) as long as you remain totally disabled.
PLEASE NOTE: Tobacco usage rates apply. To receive non-tobacco rates, you MUST elect non-tobacco status if you do not use tobacco.
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