Life and Accidental Death and Dismemberment Insurance
Life and accidental death and dismemberment (AD&D) insurance provides financial protection for those who depend on you for financial support. Upon your death, your designated beneficiary will receive the life benefit. If you die as the result of an accident, your beneficiary will receive both the life and AD&D benefits.
Basic Life and AD&D Insurance
Voluntary Life and AD&D Insurance
If you purchase life and AD&D insurance for yourself or your spouse and/or children when you are first eligible to enroll, you may purchase up to the guarantee issue amounts without completing a statement of health (evidence of insurability). If you do not enroll when first eligible and choose to enroll during a future open enrollment period, you will be required to submit evidence of insurability for any amount of coverage. Coverage will not take effect until approved by UNUM . Depending on your personal situation, basic life and AD&D insurance might not be enough coverage for your needs. Jefferson Center provides you the option to purchase voluntary life and AD&D insurance at group rates through UNUM. You may also purchase voluntary coverage for your spouse and eligible children. Coverage options: • Employee : $10,000 increments up to $500,000 or 5x annual salary, whichever is less; guarantee issue: $150,000. • Spouse : $5,000 increments up to 100% of the employee coverage amount; guarantee issue: $25,000. • Dependent children : Birth to 6 months: $1,000; 6 months to age 19 (or 26 if a full- time student): $2,000 increments up to $10,000; guarantee issue: $10,000.
Jefferson Center provides you with basic life and AD&D insurance at no cost to you . • Employee life insurance benefit: 2x annual earnings up to a maximum of $300,000 • Employee AD&D insurance benefit: 2x annual earnings up to a maximum of $300,000 If you are eligible for $50,000 or more in basic, Jefferson Center -paid life insurance, you are required to pay income tax on the value of the coverage in excess of $50,000. Designate a Beneficiary In the event of your death, UNUM would pay your Life and/or AD&D policy to your beneficiaries. Designate your beneficiary for your Basic Life and AD&D insurance, as well as any Voluntary Life insurance in UKG > navigate to Myself > Life Events > select Update/Change Beneficiaries. Enter information and save changes. You may change this designation at any time. You are automatically the beneficiary on your Spouse and/or Child Life policy.
UNUM Evidence of Insurability Link : https://securehealth.unum.com/eoiaccess Access codes: Jefferson Center for Mental Health Employees : ICIH5ER Front Range Health Partners Employees : 3QGPLSV
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