Although we don’t like to think about it, should death occur, the survivors left behind could face serious financial hardship. Your family might need an alternative source of income to pay off your bills and to meet their ongoing financial responsibilities. That is the purpose of life insurance – to provide funds for those left behind.

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Life Insurance is being offered through Lincoln Financial

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Life Insurance and AD&D

The Company provides 100% employer paid Basic Life Insurance and Accidental Death and Dismemberment (AD&D) coverage to all benefit eligible employees in the amount of $50,000.

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Voluntary Life Insurance

Supplemental Life insurance can also be purchased at the employees’ cost through Lincoln Financial.

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• Employee Coverage is available in increments of $10,000 up to a maximum of $240,000. During initial enrollment, you can enroll in up to $100,000 of coverage guaranteed without providing evidence of insurability.

 

• Spouse Coverage is available in increments of $5,000 up to a maximum of $50,000. During initial enrollment, spouses can enroll in $50,000 of coverage guaranteed without providing evidence of insurability.

 

• Child Coverage is available in the amount of $10,000 for your children up to age 26. Children from birth to 14 days of age can receive $1,000 of coverage.