If you need more than the employer-paid basic life insurance amounts, you can purchase additional coverage for yourself and your spouse. This plan includes an accidental death and dismemberment (AD&D) benefit that provides an extra layer of protection if you pass away or become dismembered in an accident. AD&D is automatically included with your supplemental life election with a matching benefit level.
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This is only a brief summary of benefits. Detailed information can be found in your benefit plan documents, available in our Document Library.
*The supplemental life/AD&D insurance coverage for both employee and spouse is reduced by 35% when an employee turns 65, and again by 50% at age 70. This change occurs automatically, and your premiums will be adjusted on the first of the month following your birthday to reflect the new coverage amount.
**Guaranteed Issue Coverage: If you enroll within 31 days of first becoming eligible, you can elect coverage up to the Guaranteed Issue (GI) amounts listed above without medical underwriting approval. Evidence of Insurability (EOI) and medical underwriting are required in the circumstances below, and coverage would be subject to approval.
- If you waive coverage when first eligible and decide to enroll later for any amount of coverage
- If you elect coverage in excess of the Guaranteed Issue amounts
- If you choose to increase your coverage at a later date
When needed, you can complete EOI online at www.standard.com/mhs (enter policy # 649404).