Supplemental AD&D Insurance
Children’s provides you with the option to elect Supplemental Accidental Death and Dismemberment (AD&D) Insurance so you can choose additional financial protection for yourself and your family in case you are involved in an accident that results in your dismemberment or death.
Who Can Enroll
You are eligible for Supplemental AD&D Insurance if you are a regular full-time employee of Children’s or a regular part-time employee who is committed to work at least 40 hours per pay period.
When You Can Enroll
You are eligible to enroll in Supplemental AD&D Insurance for yourself within 31 days of your date of hire. If you do not enroll within the 31-day window, you will not be able to enroll for the remainder of the calendar year unless you experience a change in family status.* Your next opportunity to enroll will be the next Annual Enrollment period, for an effective date of Jan. 1 of the following year.
*Changes in family status include marriage, divorce, birth, adoption or legal guardianship of your child, death of a spouse, loss of coverage through your spouse or change in employment status. See Making Benefit Changes on the home page of this site for additional information.
How Much Coverage You Can Buy
You may elect to purchase Supplemental AD&D Insurance in the following amounts up to $1.5 million:
- 1 x annual base salary.
- 2 x annual base salary.
- 3 x annual base salary.
- 4 x annual base salary.
- 5 x annual base salary.
Cost
You pay 100% of the cost for Supplemental AD&D Insurance. Premiums are subject to an increase during the benefits plan year when your annual base pay changes. See 2011 Rates at the left for costs.
Beneficiary Designation
You are encouraged to designate a beneficiary (or beneficiaries) for AD&D Insurance benefits. You can make changes to your beneficiary (or beneficiaries) at any time by logging on to Lawson Employee Self-Service and clicking Benefits, then Beneficiary. If benefits are paid for dismemberment, you are automatically the beneficiary.