Basic Life Insurance
The Standard handles our Life Insurance plan. Employees have the option to elect a $10,000 Basic Life and Accidental Death and Dismemberment (AD&D) plan. The annual cost for this program is $18.00 and does not require a medical exam, but may require a medical history form to be filled out. For more details, refer to The Standard, available online at https://standard.com/
Supplemental Life Insurance
Supplemental Life Insurance is available for you and your family through The Standard.
The issue amounts offered throughout the year are as follows:
Employee coverage up to $300,000 (if less, increments of $1,000; i.e. $299,000)
Spouse coverage up to $100,000 (increments of $1,000), max of half employee coverage
Child(ren) coverage up to $10,000 (increments of $2,500); one policy covers all children
Once coverage and premiums have been established, the cost will be deducted through payroll deductions. You cannot use your benefit allowance for this cost, even if you have allowance remaining after your other choices have been deducted.
If you are currently enrolled in Supplemental Life, you do not need to re-enroll; your coverage will continue unless you provide a notice to cancel. For more details, including the supplemental life rates, refer to The Standard brochure, available online HERE.
Income Protection (Disability Insurance)
Income Protection coverage is mandatory for all benefit-eligible employees. You can learn more about coverage and benefits HERE.
The Standard Contact Info:
Policy # 503212
Phone: 800-522-0406