Accidental - Death
& Dismemberment Insurance
(Click here for rates.)
Accidental
Loss or Dismemberment Benefits
Plan provides:
| Full Benefit amount if
loss is of: |
Half Benefit amount if
loss is of: |
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90 Day Loss Limit Restriction - The loss
must occur within 90 days of the date of the accident. In the event of more than one loss
from any one accident, payment will only be made for the loss with the highest amount
payable.
Seat Belt Benefit - Included at
no extra cost - Pays an additional 50% of the benefit otherwise payable (up to a
maximum of $50,000) if the loss is caused by an accident occurring while the insured
person is wearing a seat belt. (Benefit not available in Minnesota)
|
Coverage |
Accidental Death & Dismemberment Insurance |
| Eligible
Participants |
Member, Spouse under age
60 & Children 15 days to 19 years (23 if full time student) |
Member
Death Benefit
Choose From: |
$10,000 to $250,000
in increments of $10,000 |
Spouse
Death Benefit
Choose From: |
Same choices as Member;
however, can not exceed Member’s coverage amount |
| Child(ren)
Death Benefit |
$10,000 |
| Medical
Underwriting |
None required |
| Coverage
Reductions |
None
Coverage ends at 70 |
Common Carrier Double Benefit Allowance
-Up to $100,000 additional benefit will be
paid for loss of life caused by an accident that happens anywhere in the world while you
are a fare-paying passenger on a public conveyance operated by a licensed common carrier,
including bus, train, boat and airplane. That’s double your basic benefit amount.
Education Benefit - Included at no extra cost - If dependent child(ren)
coverage is elected and the member dies while dependent child(ren) is/ are enrolled in an
institute of higher learning (i.e. college or university), an additional 2% of the death
benefit (to a maximum of $2,500) will be paid annually to each eligible dependent child
for a maximum of 4 years, provided the child continues his/ her education.
Your Choice
of Beneficiary -
Choose anyone you wish to be your beneficiary. The Member is automatically the
beneficiary for child(ren)’s coverage. You may change your beneficiary at any
time by writing Benefit Choices who markets this plan. Claim payments are
made promptly upon proof of death or loss. Your beneficiary may choose to receive
the benefit at one time or in monthly installments.
Renewal and
Conversion Rights -
You can not be singled out for
cancellation. You may continue your Accidental Death & Dismemberment Insurance
coverage to age 70 assuming you pay your premiums and the Group Policy remains in
force.
The purpose of this
website is to provide a brief overview of the Guaranteed Issue Life Insurance,
Supplemental Life Insurance and Accidental Death and Dismemberment Insurance available
through the Benefit Program. This summary of benefits is subject to the terms,
conditions and limitations of Group Policy numbers G172,848, G172,849 and G172,850.
All coverage is underwritten by the United States Life Insurance Company. For a more
complete description, please contact Benefit Choices at (410) 666-9500 or email us.
