Survivor Benefits

It’s hard to think about, but it’s important to have a plan in place to provide for your family if something were to happen to you. Survivor benefits provide financial protection for your loved ones in the event of an unexpected event.

Coverages

	Basic Life	Basic AD&D	VOLUNTARY EMPLOYEE LIFE	VOLUNTARY SPOUSE LIFE	VOLUNTARY CHILD LIFE
Carrier	Sun Life	Sun Life	Sun Life	Sun Life	Sun Life
Paid By	Charah	Charah	Employee	Employee	Employee
Eligibility	If you are a full-time employee, you automatically receive Life and AD&D insurance even if you waive other coverage.	If you are a full-time employee, you automatically receive Life and AD&D insurance even if you waive other coverage.	—	—	—
Benefit Amount	1x Base salary	1x Base salary	Increments of $10,000	Increments of $5,000	Increments of $1,000
Maximum Benefit	$350,000	$350,000	$500,000	$150,000	$15,000
Coverage Increment	—	—	Increments of $10,000	Increments of $5,000	Increments of $1,000
Evidence of Insurability	—	—	Required for amounts over $150,000	Required for amounts over $75,000	Not required
Age Reduction Schedule	—	—	Benefits subject to age reduction schedule	Benefits subject to age reduction schedule	Benefits subject to age reduction schedule
Notes	—	—	Note: If you waive coverage as a new hire, EOI will be required to enroll or increase your coverage during a subsequent enrollment period.	Note: If you waive coverage as a new hire, EOI will be required to enroll or increase your coverage during a subsequent enrollment period.	Note: If you waive coverage as a new hire, EOI will be required to enroll or increase your coverage during a subsequent enrollment period.

Carrier

Basic Life: Sun Life
Basic AD&D: Sun Life
VOLUNTARY EMPLOYEE LIFE: Sun Life
VOLUNTARY SPOUSE LIFE: Sun Life
VOLUNTARY CHILD LIFE: Sun Life

Paid By

Basic Life: Charah
Basic AD&D: Charah
VOLUNTARY EMPLOYEE LIFE: Employee
VOLUNTARY SPOUSE LIFE: Employee
VOLUNTARY CHILD LIFE: Employee

Eligibility

Basic Life: If you are a full-time employee, you automatically receive Life and AD&D insurance even if you waive other coverage.
Basic AD&D: If you are a full-time employee, you automatically receive Life and AD&D insurance even if you waive other coverage.
VOLUNTARY EMPLOYEE LIFE: —
VOLUNTARY SPOUSE LIFE: —
VOLUNTARY CHILD LIFE: —

Benefit Amount

Basic Life: 1x Base salary
Basic AD&D: 1x Base salary
VOLUNTARY EMPLOYEE LIFE: Increments of $10,000
VOLUNTARY SPOUSE LIFE: Increments of $5,000
VOLUNTARY CHILD LIFE: Increments of $1,000

Maximum Benefit

Basic Life: $350,000
Basic AD&D: $350,000
VOLUNTARY EMPLOYEE LIFE: $500,000
VOLUNTARY SPOUSE LIFE: $150,000
VOLUNTARY CHILD LIFE: $15,000

Coverage Increment

Basic Life: —
Basic AD&D: —
VOLUNTARY EMPLOYEE LIFE: Increments of $10,000
VOLUNTARY SPOUSE LIFE: Increments of $5,000
VOLUNTARY CHILD LIFE: Increments of $1,000

Evidence of Insurability

Basic Life: —
Basic AD&D: —
VOLUNTARY EMPLOYEE LIFE: Required for amounts over $150,000
VOLUNTARY SPOUSE LIFE: Required for amounts over $75,000
VOLUNTARY CHILD LIFE: Not required

Age Reduction Schedule

Basic Life: —
Basic AD&D: —
VOLUNTARY EMPLOYEE LIFE: Benefits subject to age reduction schedule
VOLUNTARY SPOUSE LIFE: Benefits subject to age reduction schedule
VOLUNTARY CHILD LIFE: Benefits subject to age reduction schedule

Notes

Basic Life: —
Basic AD&D: —
VOLUNTARY EMPLOYEE LIFE: Note: If you waive coverage as a new hire, EOI will be required to enroll or increase your coverage during a subsequent enrollment period.
VOLUNTARY SPOUSE LIFE: Note: If you waive coverage as a new hire, EOI will be required to enroll or increase your coverage during a subsequent enrollment period.
VOLUNTARY CHILD LIFE: Note: If you waive coverage as a new hire, EOI will be required to enroll or increase your coverage during a subsequent enrollment period.

VOLUNTARY LIFE INSURANCE - RATES/$1,000 (MONTHLY)

	EMPLOYEE	SPOUSE
<25	$0.10	$0.10
25-29	$0.11	$0.11
30-34	$0.13	$0.13
35-39	$0.14	$0.14
40-44	$0.20	$0.20
45-49	$0.34	$0.34
50-54	$0.57	$0.57
55-59	$0.89	$0.89
60-64	$1.38	$1.38
65-69	$2.48	$2.48
70-74	$4.45	$4.45
75+	$7.33	$7.33

<25

EMPLOYEE: $0.10
SPOUSE: $0.10

25-29

EMPLOYEE: $0.11
SPOUSE: $0.11

30-34

EMPLOYEE: $0.13
SPOUSE: $0.13

35-39

EMPLOYEE: $0.14
SPOUSE: $0.14

40-44

EMPLOYEE: $0.20
SPOUSE: $0.20

45-49

EMPLOYEE: $0.34
SPOUSE: $0.34

50-54

EMPLOYEE: $0.57
SPOUSE: $0.57

55-59

EMPLOYEE: $0.89
SPOUSE: $0.89

60-64

EMPLOYEE: $1.38
SPOUSE: $1.38

65-69

EMPLOYEE: $2.48
SPOUSE: $2.48

70-74

EMPLOYEE: $4.45
SPOUSE: $4.45

75+

EMPLOYEE: $7.33
SPOUSE: $7.33

Note: Benefits subject to age reduction schedule

VOLUNTARY CHILD LIFE INSURANCE

	PREMIUM RATES - $1,000 MONTHLY
Child	$0.20

Child

PREMIUM RATES - $1,000 MONTHLY: $0.20