Supplemental Life and AD&D
Supplemental Life and AD&DThe Standard
Who Pays?
You
When You Are Eligible
The first day of the following month after date of employment.
What You Receive
Employees have the option of purchasing, at their expense, Supplemental Life Insurance and AD&D in increments of one, two, or three times their annual salary not to exceed $500,000. The monthly premium for this coverage is 27.7 cents per thousand. An evidence of insurability (EOI) is required for a benefit amount of $200,000 or higher. An EOI is also required with the purchase or increase of benefit after the initial employment enrollment period. The Standard Insurance Company reserves the right to refuse coverage at that time.