Life Insurance

Life insurance benefits can help give you the peace of mind knowing you’re prepared for the future—providing a cash benefit to you or your loved ones in the event of death or a serious accidental injury.

Basic Life and Accidental Death and Dismemberment (AD&D) Insurance is provided in the amount of $25,000 at no cost to you. Life insurance pays benefits in the case of your death and its complimentary AD&D insurance pays full or partial benefits for death, injury, or loss as a result of a covered accident. Should this policy be utilized, your beneficiary can receive $50,000 (life benefit and AD&D benefit combined). Note: Don’t forget to update or designate your beneficiary for your voluntary plans.

Supplemental Life and AD&D Insurance is available in addition to your Basic Life Insurance provided by Western Dental. This coverage helps ensure that your family will have financial security, even in the case that something happens to you. If you purchase additional coverage for yourself, you can also purchase coverage for your spouse and children.

You may elect up to 500,000 for you and your spouse and 10,000 for your child(ren). The life insurance benefit may be subject to medical underwriting if not elected during your new hire enrollment period. Make sure to add/update your
beneficiaries through the self-service portal.

Life Insurance with Long Term Care - NEW!

Life Insurance with Long Term Care through Chubb is available to provide you with even greater financial security. This coverage offers protection beyond your working years, potentially for your lifetime. With a guaranteed death benefit that will never decrease, level premiums that will never increase, cash value accumulation, living benefits, and other options, this policy goes beyond typical term life insurance. This coverage also offers you benefits should you need Long Term Care after becoming chronically ill and confined to a nursing or assisted living facility, or if you need to receive home health or adult day care.

Don’t miss out! During this open enrollment period only, you can elect up to $150,000 in coverage for yourself without answering medical questions! Dependent coverage is also available by answering only a few health questions.

Long-Term Disability Insurance

You have the option of enrolling in Long-Term Disability (LTD) Insurance from Reliance Standard, which can protect your income if you were to become totally disabled and unable to work. This policy pays up to 60% of your monthly income, not to exceed $8,000 per month. Benefits begin after 90 days of disability and continue until you are no longer disabled or you reach your Social Security normal retirement age.

You pay the premium with after-tax payroll contributions which allows the LTD benefit you receive to be tax-free. Premiums are based on your annual earnings as of January 1 each year.

Short-Term Disability Insurance - NEW for Team Members working outside of CA!^*

If you are unable to work due to an accident or an illness, you may face a gap between your income and expenses. Short-Term Disability coverage through MetLife pays you a weekly cash benefit directly to help you cover this gap until you’re back on your feet and back to work.

This coverage is available at low affordable rates and pays you a benefit of up to 60% of your base salary, not to exceed $1,000 per week. The plan begins paying these benefits after you have been unable to work for 14 consecutive days due to an illness or off-the-job accident and will pay you up to 26 weeks.

*Team Members working in California are covered by State Disability Insurance (SDI). Visit edd.ca.gov/Disability to learn more.