Lincoln Financial Group | www.lincolnfinancial.com
Because your financial security is important, we provide Basic Term Life Insurance and Accidental Death & Dismemberment (AD&D) coverage at no cost to you, and the option to elect Voluntary Life coverage for yourself and your family.
At no cost to you, Basic Term Life Insurance gives you:
- One times basic annual earnings to a maximum of $100,000
- AD&D coverage as part of your life insurance
- The ability to convert to an individual policy if you leave the company
- Possible waiver of premiums if you become disabled
- Possible accelerated death benefit if you are diagnosed with a terminal disease
- The Guaranteed Issue: $100,000
If you purchase Supplemental Life Insurance for yourself, your spouse and dependents, you get:
- Group discounted rates
- Accidental Death and Dismemberment Coverage
- To purchase up to $500,000 of supplemental life in $10,000 increments up to 5 times your annual salary
- Employee Guarantee Issue: $120,000
To purchase up to $100,000 spouse life insurance in $5,000 increments (up to 50% of employee amount)
- Spouse Guarantee Issue: $20,000
To purchase up to $10,000 life insurance for your child(ren)
- Child(ren) Guarantee Issue: $10,000
If you decline this coverage now and wish to enroll later, Evidence of Insurability may be required and may be at your own expense.
- Evidence of Insurability may be required.