AskAC

Live Chat

Optional Insurance Benefits

Print

Term Life, AD&D, Short and Long-Term Disability, and Long Term Care Insurance.


Optional Insurance Benefits


Optional Term Life Insurance With AD&D

Available in increments of 1 to 4X's your salary to a maximum of $400,000. Premiums are based on employee's age and salary. Proof of insurability will be required for all but the 1X and 2X options during your first 30 days of employment. If you do not take 1X or 2X during your first 30 days of employment then you will have to prove insurability on 1X, 2X, 3X and 4X your life insurance.

 Accidental Death & Dismemberment Life Insurance

 Accidental life insurance in amounts of $10,000 to $200,000 at .02¢ per thousand for employee only and .04¢ for employee and family coverage.

 Dependent Term Life Insurance With AD&D

$5,000 term life insurance available for all eligible dependents for $1.38 per family per month. This also includes $5,000 of AD&D insurance. Not available for Premium Conversion. If you do not take this during your first 30 days of employment you will have to prove insurability on your family to take this insurance.

Short Term Disability Insurance

Provides 66% of your monthly income after a 30 day elimination period and will pay for up to 5 months. Monthly premium is .30¢ per $100 of monthly salary. Not available for Premium Conversion. If you do not take this during your first 30 days of employment you will have to prove insurability during summer enrollment.

Long Term Disability Insurance

Provides 60% of your monthly income after a 90 day elimination period and will pay until you return to work or you are 65 years old. Monthly premium is .63¢ per $100 of monthly salary. Not available for Premium Conversion. If you do not take this during your first 30 days of employment you will have to prove insurability during summer enrollment. NOTE: If you participate in the ACBP, you will already have long term disability benefits.

 



Created By swindellal -- Apr/20/05
Last updated by jlbarton -- Jun/18/13