Supplemental Term Life
Metropolitan Life Insurance Company
Plan Design for: HMMG, LLC Dated: 1-1-2022 For All Active Full-Time Employees working at least 30 hours per week
Build Your Benefit With MetLife's Supplemental Term Life insurance, your employer gives you the opportunity to buy valuable life insurance coverage for yourself, your spouse and your dependent children -- all at affordable group rates.
Employee
Spouse & Child
Spouse 1
Child
Life Coverage: provides a benefit in the event of death Schedules:
Flat Amount: $2,500, $5,000, $7,500 or $10,000
Increments of $10,000
Increments of $5,000
Non Medical Maximum
$150,000
$50,000
$10,000
The lesser of 5 times Your Basic Annual Earnings, or $500,000
Overall Benefit Maximum
$250,000
$10,000
AD&D Coverage: provides a benefit in the event of death or
Yes (benefit amount is same as Supplemental Term Life coverage)
Yes (benefit amount is same as Supplemental Term Life coverage)
Yes (benefit amount is same as Supplemental Term Life coverage)
dismemberment resulting from a covered accident Schedules:
Maximum amount is same as Supplemental Term Life coverage
Maximum amount is same as Supplemental Term Life coverage
Maximum amount is same as Supplemental Term Life coverage
AD&D Maximum
Employee Contribution
100%
100%
100%
Any purchase or increase in benefits, which does not take place within 31 days of employee’s or dependent's eligibility effective date is subject to evidence of insurability. Coverage is subject to the approval of MetLife.
To request coverage: 1. Choose the amount of employee coverage that you want to buy.
2. Look up the premium costs for your age group for the coverage amount you are selecting on the chart below. 3. Choose the amount of coverage you want to buy for your spouse. Again, find the premium costs on the chart below. Note: Premiums are based on your age, not your spouse’s. 4. Choose the amount of coverage you want to buy for your dependent children. The premium costs for each coverage option are shown below. 5. Fill in the enrollment form with the amounts of coverage you are selecting. (To request coverage over the non-medical maximum, please see your Human Resources representative for a medical questionnaire that you will need to complete.) Remember, you must purchase coverage for yourself in order to purchase coverage for your spouse or children.
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LI-GCERT-SUPP-OVER EOL Benefit Summary
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