Life and Accidental Death and Dismemberment (AD&D) insurance provides financial protection to your survivors if you die. Review your options and your personal circumstances carefully before enrolling.
The company provides active, full-time employees with basic life and AD&D coverage of two times annual base salary (up to a maximum of $100,000). In addition to the basic coverage provided automatically by the company at no cost to you, you have the option of purchasing supplemental life and AD&D coverage for you and your family. You pay the full cost and premiums are taken out of your paycheck on an after-tax basis.
| Plan |
Coverage Options |
| Basic Life (automatic company-provided coverage)* |
2 x base salary, $100,000 maximum |
| Basic AD&D (automatic company-provided coverage) |
2 x base salary, $100,000 maximum |
| Supplemental Employee Life |
1-8 x base + variable salary, $2 million maximum |
| Supplemental Spouse Life |
.5, 1 or 1.5 x base salary |
| Supplemental Child Life |
$5,000 or $10,000 per child |
| Supplemental Employee AD&D |
1-8 x base +variable salary, $2 million maximum |
| Supplemental Family AD&D |
Spouse – 50% of employee amount
Children – 10% of employee amount |
*The IRS requires that the value of company-paid life insurance in excess of $50,000 be included in your taxable income. You will see “Group Term Life Insurance” in the earnings section of your paycheck, which reflects this value. This is not a deduction from your paycheck.
It’s important that you name a beneficiary for each of your life and AD&D coverages when you enroll. Be sure to periodically check your beneficiary designation to make sure it is up to date, especially after life events such as marriage, divorce or the birth of a child. You are automatically the beneficiary of your spouse and child life and AD&D coverages unless you actively make another election.
To name a beneficiary, visit the Cotality Benefits Center.
The Hartford (Life and AD&D)
1-888-563-1124
M-F, 5 AM to 4 PM (PT)
The Hartford (Disability)
1-888-437-8464
https://abilityadvantage.thehartford.com/
M-F, 5 AM TO 5 PM (PT)