Voluntary Accidental Death & Dismemberment
MetLife
Additional Accidental Death and Dismemberment is provided by MetLife.
Enrollment:
Regular full-time employees may enroll at any time.
Coverage:
Employees may choose accidental benefits in varying amounts from $25,000 to $500,000. Level of coverage is dependent upon the amount chosen and if the accidental injury results in loss of life or total loss of sight, hearing, limbs, etc.
Employee Coverage: 100% of principle sum
If Family coverage is chosen your spouse and eligible dependent children are automatically insured as follows:
Spouse Coverage: 40% of principle sum; 50% if no eligible dependents
Dependent Children: 10% of principle sum; 15% if employee is a single parent; up to a $52,500 maximum (dependents must be unmarried dependent children from birth to 19 years of age, or to age 25 if attending college on a full-time basis)
Costs: Premiums are paid by the employee through monthly payroll deduction. The following table will help calculate the amount of premium due based on amount of coverage chosen:
PRINCIPAL SUM |
MONTHLY COST EMPLOYEE ONLY |
MONTHLY COST EMPLOYEE AND FAMILY |
$25,000 |
$0.35 |
$.48 |
$50,000 |
$0.70 |
$.95 |
$75,000 |
$1.05 |
$1.43 |
$100,000 |
$1.40 |
$1.90 |
$125,000 |
$1.75 |
$2.38 |
$150,000 |
$2.10 |
$2.85 |
$175,000 |
$2.45 |
$3.33 |
$200,000 |
$2.80 |
$3.80 |
$225,000 |
$3.15 |
$4.28 |
$250,000 |
$3.50 |
$4.75 |
$275,000 |
$3.85 |
$5.23 |
$300,000 |
$4.20 |
$5.70 |
$325,000 |
$4.55 |
$6.18 |
$350,000 |
$4.90 |
$6.65 |
$375,000 |
$5.25 |
$7.13 |
$400,000 |
$5.60 |
$7.60 |
$425,000 |
$5.95 |
$8.08 |
$450,000 |
$6.30 |
$8.55 |
$475,000 |
$6.65 |
$9.03 |
$500,000 |
$7.00 |
$9.50 |
Portability:Upon termination of employment, an employee may continue his or her voluntary AD&D coverage under the group policy. The employee has 30 days from date of termination to notify the company in writing.
Contact Information: If you have any questions or need to make changes in your policy, please call MetLife toll-free at 866.492.6983 (between 8:00 a.m. and 8:00 p.m. EST).
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