Life and AD&D Benefits
Basic Group Life and Accidental Death and Dismemberment (AD&D) coverage will be paid to your beneficiaries in the event of your death. The AD&D benefit will be paid in the event of an injury resulting from a covered accident.
Reminder: It is your responsibility to update and make changes to your beneficiary information on your account at ADP Self Service.
Benefit |
|
|---|---|
Benefit Amount |
100% of Employee Salary |
Employee AD&D |
100% of Life Benefit |
Benefit Reduction |
Benefit reduces to 65% at age 65, 50% at age 70. |
When your needs call for more than Basic Life and AD&D coverage, additional Voluntary Life and AD&D coverage is available for purchase for you, your spouse and your dependent children. Coverage purchased through this plan is offered at a group discounted rate with guarantee issue amounts.
Reminder: It is your responsibility to update and make changes to your beneficiary information on your account at ADP Self Service.
Benefit |
|
|---|---|
Employee Benefit |
$10,000 to $300,000 in $10,000 Increments |
Spouse Benefit |
$5,000 to $150,000 in $5,000 increments, not to exceed 50% of employee's amount |
Child Benefit |
$1,000 to $10,000 in $1,000 increments, not to exceed 10% of employee's amount |
Dependent Age Limits |
14 days to 26 years. Spouse terminates at 70. |
Benefit Reduction |
Benefit reduces to 65% at age 65, 50% at age 70. |
Guaranteed Issue |
Under 65 |
65-69 |
70 + |
|---|---|---|---|
Employee |
$100,000 |
$50,000 |
$10,000 |
Spouse |
$30,000 |
$10,000 |
$0 |
Dependent Child |
Child aged 14 days to 26 years - $10,000 |
Child aged 14 days to 26 years - $10,000 |
Child aged 14 days to 26 years - $10,000 |