LIFE
SUMMARY OF COVERAGE
Employer-paid Basic Life Insurance Plan Features
Supplemental / Voluntary Term Life Insurance Plan Features
Employees can choose different amounts of coverage between the minimum and maximum benefit amount. In increments of $10,000.
Employee Benefit Amount
$75,000
Employee Benefit Amount
Maximum Benefit Amount
$75,000
Minimum Benefit Amount
$10,000
AD&D Benefit
$75.000
Maximum Benefit Amount
$500,000
The following shows how much benefits are reduced at certain ages:
Guarantee Issue Maximum
$300,000 if under age 65
Age Band
Benefit Reduction
You may purchase in $5,000 increments up to a $250,000 maximum. Guarantee Issue is up to $25,000 if under age 65
70
60%
Spouse Benefit
Dependent Benefit You may purchase in $1,000 increments to a maximum benefit of $10,000. The following shows how much benefits are reduced at certain ages:
Age Band
Benefit Reduction
70
60%
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LIFE INSURANCE I
SENDOSO BENEFITS GUIDE
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