Voluntary Accidental Death & Dismemberment (AD&D)
Available in increments of $25,000 up to five times annual earnings or $500,000 whichever is less. The premium is $0.03 per thousand per month.
AD&D coverage provides you with an additional insurance benefit if your death results from an accident, or if you suffer a loss from an injury (see schedule of benefits below).
Schedule of Benefits:
Loss |
Benefit |
Life |
100% |
Two or more members* |
100% |
Quadriplegia |
100% |
Speech & hearing |
100% |
Paraplegia |
75% |
One member |
50% |
Speech |
50% |
Hearing |
50% |
Hemiplegia |
50% |
Thumb & Index finger of same hand |
25% |
*Member is defined as hand, foot or eye
Reductions Coverage amounts will reduce for Basic, Supplemental and AD&D for employees according to the following schedule:
Age: Insurance Amount Reduces to:
65 - 65% of original amount
70 - 50% of original amount
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