J & L Ventures LLC - 2022 Benefit Guide

J&L Ventures, LLC provides all Full Time employees with Basic Life and Accidental Death & Dismemberment coverage on a contributory basis. Basic Life and AD&D Insurance Coverage

Insurance Carrier:

Basic Life Insurance

Basic Life w/ AD&D Eligibility Requirement Life Insurance Benefit

All Full Time Employees Based on Occupation Class

Guarantee Issue

Yes

Accidental Death & Dismemberment Benefit (AD&D)

Same as Basic Life Amount

Dependent Life

$10,000

Voluntary Term Life Insurance Coverage

As a supplemental benefit, J&L Ventures, LLC allows eligible employees to purchase additional life insurance coverage for yourself and your dependents. This coverage is paid for by you and is offered through Sun Life. Rates for the voluntary term life insurance are based on age, and volume, and benefits are subject to applicable age reductions.

Insurance Carrier:

Voluntary Life Insurance

Voluntary Life w/ AD&D Eligibility Requirement Employee Benefit Amounts Employee

All Full Time Employees

minimum of $10,000 / up to $500,000 in increments of $10,000 minimum of $5,000 / 100% of employees benefit, up to $250,000 minimum of $5,000 / 100% of employees benefit, up to $10,000

Spouse

Child(ren)

Guarantee Issue Employee

5 times annual income, up to $150,000 50% of employees benefit, up to $25,000 50% of employees benefit, up to $10,000

Spouse

Child(ren)

13 J & L VENTURES, LLC 2022 BENEFIT GUIDE

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