Supplemental Benefits
Life and AD&D
All eligible employees are provided basic life and accidental death and dismemberment (AD&D) insurance and your employer pays the full cost of the premium. Please see Human Resources to update your beneficiary designation.
Employee Benefit:
Increments of $10,000 up to $300,000
Guaranteed Issue: $70,000 (under age 70)
Spouse Benefit:
Increments of $5,000 up to $100,000
Guaranteed Issue: $30,000 (under age 70)
Children Benefit (life only):
$10,000 benefit for age 14 to age 26
$1,000 benefit for age 14 and under
Voluntary Short-Term Disability
All eligible employees are provided with the opportunity to enroll in the voluntary short term disability benefits.
Employee Benefit:
60% of salary to a maximum of $1,500/wk
Benefit Begins: On 15th day
Benefit Duration: Up to 11 weeks
Voluntary Life and AD&D
Eligible employees may purchase additional life and AD&D insurance on a voluntary basis. Employees must purchase voluntary life and AD&D for themselves in order to purchase for their spouse or child(ren).
Employee Benefit:
1x Annual Salary to $75,000;
Guaranteed Issue: $75,000
Guaranteed Issue: $70,000 (under age 70)
Long Term Disability
All eligible employees are provided with long term disability benefits and your employer pays the full cost of the premium. Pre-Existing Condition rule may apply.
Employee Benefit:
60% of salary to a maximum of $6,000/mo.
Benefit Begins: After 90 days
Benefit Duration: Up to 5 years
Evidence of Insurability (EOI)
Any purchase or increase in benefits, which does not take place within 31 days of employee’s or dependents original eligibility effective date is subject to EOI. Coverage is subject to approval from the insurance carrier before benefits are effective.
Open Enrollment Provision
If you and your enrolled dependents have existing coverage you may be able to increase coverage one increment per year during your open enrollment period without evidence of insurability.
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Voluntary Supplemental Benefits
Ascent Living Communities provides the option to buy voluntary worksite benefits to all eligible employees through AFLAC. Please refer to the Preventative Care or your enrollment materials for more detail regarding rates and benefits.
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