Life and AD&D Benefits

Basic Group Life and Accidental Death and Dismemberment (AD&D) coverage is a 100% employer-paid benefit, provided at no cost to you. The basic life benefit will be paid to your beneficiaries in the event of your death. The AD&D benefit will be paid to you in the event of an injury resulting from a covered accident.


Eligibility	All active, full-time employees working a minimum of 30 hours per week.
Eligibility Waiting Period	No waiting period.
Benefit Amount	$50,000
Benefit Maximum	$50,000
Benefit Reduction Schedule	Benefits will reduce to 65% at age 65 and to 50% at age 70.

Downloads

Summary of Benefits

When your needs call for more than Basic Life and AD&D coverage, additional Voluntary Life and AD&D coverage is available for purchase for you, your spouse and your dependent children. Coverage purchased through this plan is offered at a group discounted rate with guaranteed issue amounts. Employees must elect coverage in order to purchase spouse or child coverage.

	Benefits
Employee
Benefit Maximum	$10,000 increments up to $500,000 not to exceed 2x employee’s annual salary
Guaranteed Issue	$100,000
Benefit Reductions	Benefits will reduce to 65% at age 65, and to 50% at age 70
Spouse
Benefit Maximum	$5,000 increments up to $250,000 not to exceed 50% of the employee’s benefit amount
Guaranteed Issue	$10,000
Benefit Reductions	Benefits will reduce to 65% at age 65, and to 50% at age 70
Child(ren)
Benefit Maximum	$10,000 for children 14-days old to 26 years old (if unmarried & a full-time student)
Guaranteed Issue	For children day 1 to age 14 days a flat benefit of $500 is available
AD&D
AD&D Benefit	Equal to Voluntary Life Benefit for Employee and Spouse coverage

Downloads

Summary of Benefits

Provided By

Lincoln Financial

Provider Website

https://www.lincolnfinancial.com/public/individuals

Customer Service

1.800.487.1485