GUARDIAN | BASIC LIFE INSURANCE

DG3 offers Basic Term Life Insurance and Accidental Death & Dismemberment (AD&D) coverage at no cost to you!

This Employer Paid Life benefit is in the amount of 1.5x annual salary, to a maximum of $500,000.  There is also a dismemberment schedule.  If you were to lose a limb or eyesight, a portion of your benefit would be payable to you. Additional benefit information can be found in your Anthem summary which is located under Resources.

Voluntary Life – Employee Paid

This benefit is a supplemental benefit and is voluntary.

Why should I consider it?
Life insurance is about more than just covering expenses. Depending on your circumstances, it could take your family years to recover from the loss of your income. With a life insurance benefit, your family will have extra money to cover mortgage and rent payments, legal or medical fees, childcare, tuition, and any outstanding debts.

If you purchase Supplemental Life AD&D for yourself, your spouse and dependents, you get:

Employee: $10k increments to a max of $400k. Guarantee issue $200k

Spouse: $5k increments to a max of $200k. Guarantee issue $30k

Child(ren): $10k benefit. Guarantee issue $10k.

Benefit reduces 35% at age 70, 50% at age 75.  All coverage terminates at retirement.

If you previously waived Voluntary Life/AD&D Insurance for you or your spouse but elect it this upcoming January 1, you must complete medical questions for the amount elected.  Evidence Of Insurability (EOI) is also required if you are enrolled but increase your coverage.  Guardian will notify you and HR of their decision on your evidence of insurability and premiums will begin after the approval.  More information about the EOI process can be found under Resources.

Supplemental Life and AD&D Rates can be found under Resources -> Life AD&D Benefit Summary