Full-time employees may purchase additional life and Accidental Death & Dismemberment (AD&D) coverage up to five times their annual base salary. Eligible part-time employees may purchase supplemental life and AD&D coverage in the amount of $15,000 or $30,000. Highlights of this benefit:
- Your combined basic and supplemental life coverage cannot exceed $1.5 million; same for combined basic and supplemental AD&D
- Evidence of Insurability (EOI) is required if you waive coverage when you are first eligible, try to increase coverage during annual enrollment, or if you experience a qualified family status change.
- EOI is required if you elect any amount of supplemental life coverage greater than $500,000
- Coverage will be effective on the first day of the month following EOI approval