Lupin 2024-2025 OE Presentation

Voluntary Life and AD&D Insurance If you would like additional coverage, you can purchase voluntary life insurance for yourself and your dependents. You must be enrolled to elect coverage for your spouse and/or child(ren).

Coverage

Increments

Maximum Amount

Guaranteed Issue

Lesser of 5 x annual salary or $500,000

Employee

$10,000

$180,000

$250,000 not to exceed 50% of the employee amount

Spouse

$5,000

$25,000

Child(ren)

$2,000

$10,000

Full Benefit

Evidence of Insurability (EOI) is required if you choose any amount over the Guaranteed Issue amount as well as for enrollment or changes after the initial enrollment period and coverage is subject to approval.

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