Life and Disability Insurance
You have access to comprehensive life, accidental death & dismemberment (AD&D) and disability coverage through Reliance Standard.
Basic Life/AD&D: at no cost to you
- You receive one times your annual earnings, up to $175,000
- This amount is reduced by 35% when you reach age 65; by 25% at age 70; and by 15% at age 75.
Additional Life/AD&D: optional purchase
- Eligible employees and spouses/legally-recognized partners can purchase additional life insurance coverage during the Open Enrollment period, up to the guaranteed issue amount. (This is the amount offered to a participant without regard to health status.)
- Those who have been previously declined through Evidence of Insurability are not eligible.
- Eligible employees and spouses/legally-recognized partners who previously applied for insurance coverage over the guaranteed issue amount, but then withdrew their coverage application, are eligible to purchase additional life insurance coverage up to the guaranteed issue amount.
- Please note that additional life insurance coverage is subject to Evidence of Insurability.
Additional Term Life Insurance Summary
Additional AD&D Insurance Summary
Short-Term and Long-Term Disability Insurance: no cost to you
For Short-Term Disability Insurance:
You receive 60% of your weekly covered earnings, up to $500, for 12 weeks. Benefits begin the eighth day after an accident/sickness.
Short-term Disability Insurance Summary
For Long-Term Disability Insurance:
You receive 60% of your monthly covered earnings, up to $5,000, up until your Social Security Normal Retirement Age. Benefits begin 90 days after your disability-related sickness/injury.
Long-term Disability Insurance Summary
Learn more at reliancematrix.com