Life Insurance
Survivor benefits provide financial protection for your loved ones in the event of an unexpected event.
LIFE INSURANCE
Basic Life & AD&D
| Feature | Details |
|---|---|
| Carrier | Prudential |
| Paid by | Employer |
| Eligibility | Full-time employee |
| Benefit amount | 1x Annual Earnings |
| Maximum benefit | $1,000,000 |
| Evidence of insurability | No |
Carrier
- Details
- Prudential
Paid by
- Details
- Employer
Eligibility
- Details
- Full-time employee
Benefit amount
- Details
- 1x Annual Earnings
Maximum benefit
- Details
- $1,000,000
Evidence of insurability
- Details
- No
Voluntary Life & AD&D
| Coverage For | Paid By | Benefit Amount | Maximum Benefit | Evidence of Insurability |
|---|---|---|---|---|
| Voluntary Employee Life | Employee | 1-10x Annual Earnings | $3,000,000 | EOI may be required. |
| Voluntary Spouse/Domestic Partner Life | Employee | Units of $10,000, up to $250,000 | $250,000 | EOI may be required. |
| Voluntary Child Life | Employee | Option of $5,000 or $10,000 | - | - |
| Voluntary Employee AD&D | Employee | 1-8x Annual Earnings | $1,000,000 | EOI may be required. |
Voluntary Employee Life
- Paid By
- Employee
- Benefit Amount
- 1-10x Annual Earnings
- Maximum Benefit
- $3,000,000
- Evidence of Insurability
- EOI may be required.
Voluntary Spouse/Domestic Partner Life
- Paid By
- Employee
- Benefit Amount
- Units of $10,000, up to $250,000
- Maximum Benefit
- $250,000
- Evidence of Insurability
- EOI may be required.
Voluntary Child Life
- Paid By
- Employee
- Benefit Amount
- Option of $5,000 or $10,000
- Maximum Benefit
- -
- Evidence of Insurability
- -
Voluntary Employee AD&D
- Paid By
- Employee
- Benefit Amount
- 1-8x Annual Earnings
- Maximum Benefit
- $1,000,000
- Evidence of Insurability
- EOI may be required.
Voluntary Life Insurance Rates/$1,000 (Monthly)
| Employee | Spouse/Domestic Partner | |
|---|---|---|
| Under 29 | $0.044 | $0.048 |
| 30-34 | $0.056 | $0.061 |
| 35-39 | $0.067 | $0.072 |
| 40-44 | $0.078 | $0.084 |
| 45-49 | $0.089 | $0.096 |
| 50-54 | $0.134 | $0.144 |
| 55-59 | $0.200 | $0.215 |
| 60-64 | $0.380 | $0.408 |
| 65-69* | $0.593 | $0.637 |
| 70-74* | $1.141 | $1.225 |
| 75+* | $1.858 | $1.996 |
Under 29
- Employee
- $0.044
- Spouse/Domestic Partner
- $0.048
30-34
- Employee
- $0.056
- Spouse/Domestic Partner
- $0.061
35-39
- Employee
- $0.067
- Spouse/Domestic Partner
- $0.072
40-44
- Employee
- $0.078
- Spouse/Domestic Partner
- $0.084
45-49
- Employee
- $0.089
- Spouse/Domestic Partner
- $0.096
50-54
- Employee
- $0.134
- Spouse/Domestic Partner
- $0.144
55-59
- Employee
- $0.200
- Spouse/Domestic Partner
- $0.215
60-64
- Employee
- $0.380
- Spouse/Domestic Partner
- $0.408
65-69*
- Employee
- $0.593
- Spouse/Domestic Partner
- $0.637
70-74*
- Employee
- $1.141
- Spouse/Domestic Partner
- $1.225
75+*
- Employee
- $1.858
- Spouse/Domestic Partner
- $1.996
- *Benefits subject to age reduction at 65
Voluntary AD&D Insurance - Premium Rates
| Premium Rate per $1,000 | |
|---|---|
| EE Only | $0.015 |
| EE+Family | $0.022 |
EE Only
- Premium Rate per $1,000
- $0.015
EE+Family
- Premium Rate per $1,000
- $0.022
Voluntary Child Life Insurance - Premium Rates
| Premium Rate per $1,000 | |
|---|---|
| Voluntary Child Life | $0.054 |
Voluntary Child Life
- Premium Rate per $1,000
- $0.054