BASIC AND VOLUNTARY LIFE INSURANCE
Southern Electric Company provides Basic Life and Accidental Death & Dismemberment at no cost to employees that elect medical benefits. Insurance Carrier: Guardian Basic Life Insurance Basic Life w/ AD&D Eligibility Requirement All Full Time Employees Life Insurance Benefit $15,000 Guarantee Issue Yes Accidental Death & Dismemberment Benefit (AD&D) Same as basic life
VOLUNTARY TERM LIFE INSURANCE COVERAGE
As a supplemental benefit, Southern Electric Company 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 Guardian. Rates for the voluntary term life insurance are based on age, and volume, and benefits are subject to applicable age reductions.
Insurance Carrier:
Guardian Voluntary Life Insurance
Voluntary Life w/ AD&D Eligibility Requirement Employee Benefit Amounts Employee
All Full Time Employees
Up to $200k Up to $25k Up to $10k
Spouse
Child(ren)
Guarantee Issue Employee
$50k $10k $10k
Spouse Children
8 Southern Electric Company 2024 Benefits Guide
Made with FlippingBook - professional solution for displaying marketing and sales documents online