Basic Life & AD&D
Life insurance and Accidental Death & Dismemberment (AD&D) insurance provide funds for those who have lost someone or for those who are seriously injured. Life insurance pays funds to your designated beneficiaries after your death, while AD&D pays an amount equal to your life insurance in the event of an accidental death. In the event of a loss of limb, eyesight, hearing or other covered loss, a predetermined amount will be payable to you. Basic Life insurance is provided to you at no cost.
| Guardian —Group Term Life and AD&D Insurance | |
| Benefits |
|
| Life Insurance | $10,000 |
| AD&D Insurance | Will Equal the Life Benefit |
| Conversion | Available within 31 days from termination of group plan |
| Age Reductions |
|
| At Age 70 | Reduced by 35% of original benefit |
| At Age 75 | Reduced by an additional 55% |
| At Retirement | Benefit terminates |
