Voluntary Life & AD&D Benefits
Effective October 1, 2020
VOLUNTARY LIFE BENEFITS PAID BY EMPLOYEE
Symetra
Employee Life Amount
Increments of $10,000 $170,000 to Age 69 $50,000 Age 70 and older
Employee Guarantee Issue Amount
Employee Maximum Amount
3X Base Annual Salary to $300,000
Waiver of Premium For Total Disability
Included
Accelerated Death Benefit
75% to $500,000
To 65% @ Age 65 To 50% @ Age 70, Terminates at Retirement
Employee Age Reduction Schedule
$5,000 Increments to a Maximum Amount of 50% of the Employee Amount or $150,000
Spouse Life Amount
Spouse Guarantee Issue Amount
$50,000
Live Birth to 14 Days Old = $250 15 Days Old to Age 25 = $10,000
Dependent Child(ren) Life Amount
Conversion
Included
Suicide Clause
24 Months
AGE RATED PREMIUMS (Rates based on Employee or Spouse)
With AD&D
Without AD&D (Rate Per $1,000)
(Rate Per $1,000)
Accidental Death & Dismemberment (AD&D) Rate:
$0.045 $0.115 $0.155 $0.175 $0.185 $0.245 $0.355 $0.665 $1.065 $1.475 $2.585 $4.245 $7.175
$0.00 $0.07 $0.11 $0.13 $0.14 $0.20 $0.31 $0.62 $1.02 $1.43 $2.54 $4.20 $7.13
Life Rate: Up to 24
25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69 70-74 75-79
Dependent Child(ren) Premium Per $1,000
N/A
$.20
NOTE: This is a brief summary and not intended to be a contract. Guarantee issue Amounts listed are only available to new hires and their spouses. All other eligible employees and spouses will be required to submit Evidence of Insurability for any new coverage amount or increase in coverage amount, except as noted.
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