LIFE AND DISABILITY INSURANCE UnitedHealthcare
Remember to assign a Beneficiary to your life policy(ies).
Life Insurance Life insurance is an important part of your financial security, especially if others depend on you for support.
Armor Health provides you with Basic Life insurance in the amount of $50,000 and a matching benefit of Accidental Death/Dismemberment (AD&D) at no cost to you. All eligible employees are automatically enrolled in this coverage.
You have the option to purchase additional life insurance for yourself and your eligible spouse and dependent child(ren). You must elect coverage to enroll your dependents. The cost is based on your age and coverage amount you choose and is paid through post-tax payroll deductions.
UnitedHealthcare Voluntary Life and AD&D
Coverage
Increments
Maximum $500,000 $250,000 $10,000
Guaranteed Issue
Employee Vol Life/AD&D Spouse Vol Life/AD&D
$10,000 $10,000 $2,500
$150,000 $40,000 $10,000
Child Vol Life/AD&D
Benefit Reduction Schedule starts at age 75 and applies to both life insurance policies. Refer to the plan summaries for complete details.
Evidence of Insurability (EOI) Requirements Initial Enrollment: Upon your initial benefits eligibility, you can elect up to the guaranteed issue amount for yourself and spouse without having to complete an EOI. Annual Open Enrollment: You may elect coverage for yourself and spouse if you previously declined it but you will be required to provide an EOI for any amount chosen. Current enrolled employees and spouses may increase up to one benefit unit annually without completing an EOI. Amount exceeding the guaranteed issue will require an EOI submitted to UnitedHealthcare. Child(ren) are guaranteed all amounts and EOI does not apply.
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