Life / AD&D Insurance

BASIC LIFE INSURANCE AND AD&D

Sierra Vista Unified School District pays 100% of the cost of a MetLife Term Life Insurance Plan. Coverage for each benefit eligible employee is $50,000 Life and AD&D Benefit.

Life insurance provides protection for those who depend on you financially. Your need varies greatly due to age, number of dependents, dependent ages and your financial situation. Accidental Death and Dismemberment (AD&D) benefits provide a benefit to you or your beneficiary if you are seriously injured or die in an accident.

Please note that your life benefit will reduce by 35% at age 65, by 60% of the original amount at age 70 and by 75% of the original amount at age 75.

Supplemental Life and AD&D

Employee: Available in $10,000 increments. Maximum of $500,000 or 5 times base annual earnings

Spouse: Available in $5,000 increments. Maximum of $250,000 (not to exceed 50% of employee elected amount)

Child: $1,000, $2,000, $4,000, $5,000 or $10,000 (not to exceed 50% of employee elected amount)

Please note that if you currently have supplemental life, your existing coverage amount will continue with MetLife. If you are increasing your current amount, enrolling after you were initially eligible or requesting an amount above the Guarantee Issue, an Evidence of Insurability form will be required to be completed to obtain approval from MetLife for the requested amount.