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 in the event of an injury resulting from a covered accident.

Benefits

Life Benefit

1.5 times annual salary, rounded to the next higher $1,000 with a maximum of
$150,000

AD&D Benefit

1.5 times annual salary, rounded to the next higher $1,000 with a maximum of
$150,000

Benefit Reduction

Age 65: 35% reduction

Age 70: Additional 25% of orginial amount

Age 75: Additional 15% of original amount

Downloads

Summary of Benefits

Evidence of Insurability

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	$300,000, not to exceed 5 times employee's annual salary
Guaranteed Issue	$100,000 at initial enrollment
Spouse
Benefit Maximum	$100,000, not to exceed 2.5 times employee's annual salary or 50% of their annual benefit
Guaranteed Issue	$50,000 at initial enrollment
Child(ren)
Benefit Maximum	Day 1 to 6 months: $1,000 6 months - 26 years: $10,000
Benefit Reduction
Employee & Spouse	Age 65 - 35% Age 70 - Additional 15% of original amount

Monthly Rates by Age per $1,000														AD&D
Age	<20	20-24	25-29	30-34	35-39	40-44	45-49	50-54	55-59	60-64	65-69	70+	Child	All Ages
Rate	$0.054	$0.054	$0.064	$0.086	$0.096	$0.107	$0.161	$0.246	$0.461	$0.707	$1.360	$2.206	$0.25	$0.014

Downloads

Summary of Benefits

Evidence of Insurability

Provided By

Lincoln

Provider Website

https://www.lincolnfinancial.com

Customer Service

877.275.5462

Resources

Frequently Asked Questions