Garan 2024 Benefit Guide

LIFE

SUMMARY OF COVERAGE

Employer-paid Basic Life Insurance

Supplemental / Voluntary Term Life Insurance

Plan Features

Plan Features

Employees can choose different amounts of coverage between the minimum and maximum benefit amount. See plan documentation for more details.

Employee Benefit Amount

Employee Benefit Amount

Maximum Benefit Amount

Minimum Benefit Amount

AD&D Benefit

The following shows how much benefits are reduced at certain ages:

Maximum Benefit Amount

Age Band

Benefit Reduction

Spouse Benefit

Dependent Benefit

The following shows how much benefits are reduced at certain ages:

Age Band

Benefit Reduction

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GARAN BENEFITS GUIDE

LIFE INSURANCE

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