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LIFE INSURANCE
To protect the ones you love the most
Your utility buys life insurance and accidental death & dismemberment (AD&D) insurance for you equal to your annual straight time earnings. You can buy additional life insurance and/or AD&D insurance. How much insurance coverage you buy is a financial decision…kind of. It’s an emotional decision…sort of. It’s about love and caring and the future…most definitely. Life insurance is offered by Reliance Standard.
Basic Life and AD&D
enrollment
who can enroll?
You - if you are a regular full-time, part-time, seasonal, or limited assignment employee. If you qualify, you are automatically covered.
using your benefit
when will my benefit kick in?
You are covered on the first day you are hired or when you first become eligible for coverage.
how much coverage do i have?
Life insurance coverage: 1x your straight time annual earnings, up to $200,000.
The benefit is paid to your beneficiaries when you lose your life due to illness, work or non-work related accidents.
AD&D coverage: 1x your straight time annual earnings, up to $200,000.
The benefit is paid to your beneficiaries when you lose your life due to work or non-work related accidents. Partial benefits may be paid to you if you lose a limb, your speech, sight, or hearing.
how do I name a beneficiary?
You can name one or more beneficiaries using this form.
More information:
SUMMARIES:
Basic Life and AD&D Insurance
Supplemental Life Insurance
Supplemental AD&D Insurance
CERTIFICATES
Basic Life and AD&D Insurance certificates:
Supplemental Life Insurance certificates:
Supplemental AD&D Insurance certificates:
Supplemental Life and AD&D
enrollment
who can enroll?
You - if you are a regular full-time, part-time, seasonal, and limited assignment employee.
Your family - your spouse, domestic partner, and dependent children up to age 26. You must buy life and/or AD&D insurance for yourself if you want to enroll a family member.
when can i enroll?
Life insurance coverage: If you enroll within 31 days of being hired or promoted into an eligible position, you are guaranteed life insurance coverage without medical questions asked:
You - your guaranteed issue amount is $200,000.
Your spouse - his/her guaranteed issue amount is $25,000.
You can buy coverage exceeding the amount guaranteed to you with proof of good health (evidence of insurability). The maximum life insurance amount you can buy for yourself and your spouse is $500,000 or 5x your annual earnings, whichever is less.
You can enroll later, but any life insurance coverage amount purchased outside benefits open enrollment will require evidence of insurability.
AD&D insurance coverage: You can enroll in AD&D insurance at anytime. The maximum AD&D insurance amount you can buy for yourself and your spouse is $500,000 or 5x your annual earnings, whichever is less. Evidence of insurability is not required for AD&D coverage.
how much is it going to cost me?
It depends how much coverage you buy. Life insurance premiums are based on your age and go up as you get older.
sign me up!
Complete the enrollment form and evidence of Insurability form, if required (see above).
using your benefit
when will my benefit kick in?
You are covered on the first day you are hired or when you first become eligible for coverage, the date you complete the enrollment form, or when evidence of insurability is approved (if applicable), whichever is later.
how do I name a beneficiary?
You can name one or more beneficiaries using this form.