Life and AD&D Insurance

Basic Life insurance – You receive Basic Life insurance coverage at no cost to you, and you do not need to enroll in any other health and protection program. Your Basic Life and Accidental Death & Dismemberment (AD&D) coverage will be $50,000 or 1x your salary rounded to the next higher $1,000, whichever is greater, up to a maximum of $400,000.

Basic AD&D is equal to your Basic Life benefit and provides you specified benefits for a covered accidental bodily injury that directly causes dismemberment (i.e., the loss of a hand, foot or eye). If death occurs from an accident, 100% of the AD&D benefit would be payable to your beneficiary(ies).

Imputed Income: Under current tax laws, imputed income is the value of your Basic Life insurance that exceeds $50,000 and is subject to federal income, Social Security and state income taxes, if applicable. This imputed income amount will be included in your paycheck and shown on your W-2 statement.

Voluntary Life and AD&D: In addition to Basic Life and AD&D, eligible employees may purchase additional Voluntary Life and AD&D insurance at favorable group rates. Participants pay 100% of the premium. Note: It is important to provide beneficiary information during the enrollment process and keep this information up to date.  

• For you: You may elect voluntary life insurance in the amount of 1, 2, or 3 times annual earnings, up to a maximum of $850,000 (combined with basic amount).

To elect Spouse/Partner Insurance or Dependent Life Insurance on your dependent children you must have also elected Optional Life Insurance coverage on yourself.

When your spouse is first eligible, at your hire or when you are first married if later, your spouse is eligible for up to $30,000 in coverage without providing evidence of good health.  Amounts elected in excess of $30,000 require an EOI to be submitted and approved by Aetna before taking effect.  If you do not elect spouse life insurance initially and then elect it in the future, any amount elected would be subject to evidence of good health.  Rates are calculated as of your spouse or partner’s age at December 31st of the current year.

• For your spouse/domestic partner: Increments of $10,000 up to the lesser of $100,000 or the amount of your employee voluntary life insurance.
• For your children: Increments of $5,000 up to $20,000. Children are eligible if unmarried up to age 26.

You must complete and submit The Hartford’s Evidence of Insurability (EOI) questionnaire when:

1. Electing voluntary life insurance for yourself in excess of $200,000 (not combined with basic amount);
2. Requesting an increase to your existing coverage by more than one multiple of annual earnings;
3. You elect coverage for yourself the first time more than 31 days after you are first eligible;
4. Electing voluntary spouse/domestic partner life insurance in excess of $30,000;
5. You elect coverage for a spouse/domestic partner for the first time more than 31 days after you are first eligible for coverage.

If EOI is required, the amount of coverage subject to EOI will be effective upon The Hartford’s approval of your EOI questionnaire. If EOI is not approved, your coverage will be limited to the amount for which you were eligible without providing Evidence of Insurability.”