Basic Life Insurance Basic Life Insurance: the insurance company provides a lump-sum payment, known as a death benefit, to beneficiaries upon the insured's death. The employer-paid basic life insurance policy is available to all full-time employees. In the event of your death, your beneficiaries will receive 2x's Annual Base Salary up to $450,000. Coverage will decrease incrementally at age 65. Basic Accidental Death & Dismemberment Insurance The employer-paid basic AD&D insurance policy is available to all full-time employees. In the event of death, loss of a body part or function, speech, eyesight, or hearing, your beneficiaries will receive 1x's Annual Base Salary up to $180,000. Coverage will decrease incrementally at age 65. Voluntary Life Insurance Employees have the option to purchase additional life insurance. Employee Benefit: Increments of $10,000 up to $500,000. Guarantee issue fluctuates based on age bands. Spouse Benefit: Increments of $5,000 up to $50,000. Guarantee issue fluctuates based on age bands. Child(ren) Benefit: Benefit amount of $10,000 or $20,000 (cannot exceed 50% of employee amount). Guaranteed issue of $20,000. Click here to see your rates Long-Term Disability Employer-paid long-term disability protects your income for a period of time due to illness or an accident not related to your job. Benefits begin 180 days after the date of the incident and will cover 60% of your earnings up to a max monthly benefit of $10,000 (Salaried employees) or $2,500 (Hourly employees).