Accidental death and dismemberment insurance (AD&D) protects you and your family (depending on your election) in case of a death or loss of a bodily function due to a covered accident.
Employees may elect coverage for themselves or for themselves and their eligible dependents under the family plan. For this plan, the term "eligible dependent" covers a spouse (under age 70) and children, including step, foster, and legally adopted children (until age 25, regardless of student status).
Employee coverage amounts are available from $10,000 to $500,000 (in multiples of $10,000). The maximum available for employees earning less than $15,000 per year is $150,000. If a coverage amount in excess of $150,000 is elected, that amount may not be more than 10 times the employee's base annual salary.
What You Pay (monthly)
$0.02 per $1,000 of coverage
|Employee and family
$0.04 per $1,000 of coverage
If you are age 70 or older at the time you sustain injuries in a covered accident, your benefit reduces to 45% of the elected benefit amount; at age 75, to 35%; at age 80, to 15%; at age 85, to 10%. Coverage for your spouse or domestic partner ends once he or she reaches age 70.
Change of Beneficiary