Ball State Pays 100% of Premiums Life Insurance Video Your life and accidental death and dismemberment (AD&D) insurance provides financial protection for your loved ones if you suffer a covered accidental injury resulting in loss of life, limb, sight, hearing, or speech. It pays a benefit to the person you choose (your beneficiary) which can help cover everyday living expenses. Your elected coverage will decrease at age 66. Basic Life + AD&D Insurance VOYA View Coverage Benefit Amount Employee 2x your annual earnings (up to $125,000) Age Benefit will reduce 40% at age 66. Reduction