SHORT TERM DISABILITY/ VOLUNTARY LONG TERM DISABILITY

SHORT TERM DISABILITY

Benefit Details

Short Term Disability-Employer Paid

• The maximum benefit amount is 60% of your gross weekly earnings, up to a maximum of $2,300 • The maximum benefit period is 13 weeks • Benefits begin after the end of the elimination period. The elimination period begins on the day you become disabled and is the length of time you must wait, while disabled, before you are eligible to receive a benefit. The elimination period is 0 days for an accident and 7 days for sickness

VOLUNTARY LONG TERM DISABILITY NEW IN 2022

Long Term Disability (LTD)- most people have enough savings to remain solvent for a short period of time after becoming disabled but if you had no income until Social Security kicked in would you be able to continue your lifestyle?

• SANS provides all employees working 20 or more hours per week the option to purchase long term disability insurance

• Disability insurance is a plan designed to provide partial income replacement coverage to eligible employees who become disabled and are unable to work due to an illness or injury for a long period of time • Participation requirement- if not enough employees elect, this benefit will not be offered. If this occurs and

you elected this benefit, SANS HR team will notify you

Benefit Details

Voluntary Long Term Disability

• The maximum benefit amount is 60% of your gross monthly earnings, up to $8,000 per month • The maximum duration is until your SSNRA (Social Security

Normal Retirement Age) • Benefits begin after a 90 day elimination period. The elimination period begins on the day you become disabled and is the length of time you must wait, while disabled, before you are eligible to receive a benefit

VOLUNTARY SUPPLEMENTAL LIFE INSURANCE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE (AD&D)

Voluntary Supplemental Life Insurance

• Life insurance is a plan that pays out a cash sum to a designated beneficiary (beneficiaries) in the event of the covered person’s death • This plan’s purpose is to provide economic security for one’s family should the covered person pass away

Benefit Details

Voluntary Supplemental Life Insurance and Accidental Death & Dismemberment Insurance (AD&D)

Voluntary Spouse Supplemental Life Insurance

Voluntary Dependent Supplemental Life Insurance

Other Benefits

• Buy in $10,000 increments • To a maximum of 5 times your pay or $500,000 • Guaranteed Issue Amount- $100,000

• Buy in $5,000 increments • To a maximum of $100,000 or 50% of the employee's election • Guaranteed Issue Amount- $25,000 • Buy $10,000 on all children • Children 15 Days to 6 months get $1,000 of coverage • Children 6 months or older get $10,000 of coverage • Child age limit: 19 or 23 if a full-time student (must have documentation in

ADP showing student status) • Guaranteed Issue Amount- $10,000 • Conversion & Portability • Accelerated Benefit Option- if you have 12 months or less to live you can request up to 80% of your insured coverage while living • Will Preparation, Estate Resolution Services, & Travel Assistance

When is a Statement of Health (SOH) needed?

If you want to purchase more than $100,000 of coverage for yourself or $25,000 for your spouse, a Statement of Health is required. You can find the Statement of Health form on ADP or you submit online at www.metlife.com. The completed Statement of Health must be submitted as per the instructions on the form. You must be approved for any amounts over the Medical Evidence Level, if you do not submit the Statement of Health or are declined you will get $100,000 of coverage on yourself or $25,000 on your spouse.

VOLUNTARY SUPPLEMENTAL LIFE INSURANCE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE (AD&D)

Voluntary Supplemental Life Insurance

• Below are the Life & AD&D rates per $1,000 of coverage by your age • Rates for your age will only change each year on January 1st if you “age up” into a new age band • We have also provided several example calculations should you choose one of the below coverage levels

Employee Life & AD&D Rates Per $1,000 $10,000 $50,000 $100,000 $250,000 $500,000

Less than 30 $0.032 $0.32 $1.58 $3.15 $7.88 $15.75 30-34 $0.034 $0.34 $1.68 $3.35 $8.38 $16.75 35-39 $0.041 $0.41 $2.05 $4.10 $10.25 $20.50

40-44 $0.055 $0.55 $2.75 $5.50 $13.75 $27.50

45-49 50-54 55-59 $0.082 $0.82 $4.08 $8.15 $20.38 $40.75 $0.124 $1.24 $6.18 $12.35 $30.88 $61.75 $0.189 $1.89 $9.43 $18.85 $47.13 $94.25

60-64 65-69 70+ $0.286 $2.86 $14.28 $28.55 $71.38 $142.75 $0.478 $4.78 $23.88 $47.75 $119.38 $238.75 $0.891 $8.91 $44.53 $89.05 $222.63 $445.25

Spouse Life & AD&D Rates Per $1,000 $5,000 $10,000 $25,000 $50,000 $100,000

Less than 30 $0.032 $0.16 $0.32 $0.80 $1.60 $3.20 30-34 $0.034 $0.17 $0.34 $0.85 $1.70 $3.40 35-39 40-44 $0.042 $0.21 $0.42 $1.04 $2.08 $4.15 $0.056 $0.28 $0.56 $1.39 $2.78 $5.55

45-49 $0.082 $0.41 $0.82 $2.05 $4.10 $8.20

50-54 $0.124 $0.62 $1.24 $3.10 $6.20 $12.40

55-59 $0.189 $0.95 $1.89 $4.73 $9.45 $18.90

60-64 $0.286 $1.43 $2.86 $7.15 $14.30 $28.60

65-69 $0.478 $2.39 $4.78 $11.95 $23.90 $47.80

70+ $0.891 $4.46 $8.91 $22.28 $44.55 $89.10

Child

Per Unit

Life AD&D Rate per $1,000

$0.293 *Child(ren) rates are per child unit, a unit may consist of more than one child

$10,000

$1.47