Voluntary Life & AD&D

What is Voluntary Life and Accidental Death & Dismemberment Insurance (AD&D)?

Proceeds can be used to replace lost potential income during working years and help ensure your family’s financial goals will still be met; goals like paying off a mortgage, keeping a business running, and paying for college. AD&D coverage is included as a part of life insurance benefits and will pay out a lump-sum death benefit in the event you or a covered loved one are killed accidentally or die later as the direct result of an accident.

Plan Rules:

Eligibility: Eligible full-time employees as designated by the Board, spouse, & unmarried children up to age 26
Coverage through OneAmerica
Employee must be actively at work on the effective date
Benefit amount doubles in the event an accident results in death
Employee must elect coverage on themselves in order to purchase for dependents
If electing for the first time outside of the initial open enrollment period or for an amount over the Guaranteed Issue Amount, health question will be required