Accidental Death & Dismemberment
(Download the full AD&D brochure)| Worldwide 24-Hour Coverage | Provides life insurance protection 24 hours a day, anywhere in the world. |
| Tax Free Benefits | Benefits upon death are paid to the employee’s named beneficiary tax-free. |
| Benefit Reduction | Benefit reduces to 50% of the amount in effect on the employee’s 65th birthday, to a maximum of $50,000. |
| Non-Medical Conversion | Within 31 days of termination of employment, an employee may convert his life insurance to an individual policy without medical evidence. |
| Living Assistance Benefit | If an employee is totally disabled and suffering from a terminal illness, benefits may be paid prior to his death under the Living Assistance Benefit provision. The Living Assistance Benefit is 50% of the employee’s basic life insurance amount, to a maximum of $50,000. |
| Premium Waiver | If an employee becomes totally disabled his life insurance benefits remain in force and premiums will be waived following the earlier of: - the date the employee is approved for Long Term Disability benefits, or - 6 months of total disability. |
| Critical Disease Coverage | An amount equal to 10% of the principal sum, to a maximum of $50,000, will be paid to an employee who contracts a critical disease while insured and has been totally disabled from that disease for a period of at least 9 months. Critical disease means:
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